Did spending by President Biden and the Democrats rack up the country's debt? Is a default the same as a government shutdown? Here are answers to things people often get wrong about the debt ceiling.
The big climate and health care bill passed by the House Friday includes billions in new funding for the IRS over the next decade. Most of that money is aimed at catching wealthy tax cheats.
The Biden administration hopes to help fund its agenda by cracking down on tax evasion, but its plan to require more bank information is drawing strong opposition from GOP lawmakers and banks.
The first monthly enhanced child tax credit payment has landed, but some families are now opting out. Here's how to decide whether it makes sense for you.
The tax code allows wealthy people who live off investment income to pay taxes at a much lower rate than average people who earn salaries.
When passing the ACA, Democrats touted the fact that they had included many measures to pay for the bill's expanded coverage. But nearly 10 years later, Congress has eliminated many of those taxes.
The Government Accountability Office says 3 million more Americans are likely to have experienced underwithholding from their paychecks in 2018 as a direct result of the new tax law.
The two Republican senators had been holdouts, but now the bill appears on track for passage next week.
Now that the Senate has passed its own version of a tax bill, lawmakers have to iron out differences with the House bill. The final product could then be sent to the president to be signed into law.
President Trump traveled to Missouri Wednesday to promote the GOP tax plan. Here's a closer look at some of the claims he made.