Republicans insist the bill will unleash economic activity that offsets any lost tax revenue, but few economists agree. The consequences could be severe for future generations.

Lower taxes on tips, overtime and capital spending offer a modest tailwind, even as big deficits threaten future growth.

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

In December 2020, Congress approved a second round of Economic Impact Payments —often called “stimulus check #2”—to help households weather a winter surge in COVID-19 cases and renewed restrictions.

How your credit score is calculated A credit score is a formula that helps lenders determine how likely you are to pay back a loan. Credit scores are based on your history of payments and your credit ...

WASHINGTON — U.S. President Donald Trump’s tax and budget bill would increase deficits by US$2.8 trillion over the next decade after including other economic effects, according to a more fulsome ...

Breaking down the tax cuts, extensions in Trump's "big, beautiful" bill The Republicans' "big beautiful" budget package is aimed at ushering in "a new golden age in America" through a combination ...