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Fifth Third Bancorp is promising to raise its minimum wage to $15 per hour and give most of its employees a $1,000 bonus after President Trump signs the…
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Congressional Republicans delivered on their first major legislative accomplishment of the Trump era on Wednesday, when the House voted 224-201 to pass the tax package.
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After the House passed the $1.5 trillion tax cut plan, a technical issue in the Senate dictated changes to the bill. The House will have to vote again Wednesday morning.
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A controversial provision that would have taxed grad students' tuition waivers was removed in the final version of the GOP tax bill. The measure, which was part of the House tax bill, drew protests.
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The two Republican senators had been holdouts, but now the bill appears on track for passage next week.
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Republican House and Senate negotiators – including Ohio U.S. Sen. Rob Portman – have agreed on a compromise tax package will likely come up for a series…
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"We're going to make our tax system work for you again," Trump said Wednesday, the same day that House and Senate GOP lawmakers announced they have a final tax package they think they can pass soon.
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As Republicans prepare to pass their massive tax overhaul, they are planning to lessen, or even eliminate, the estate tax. Critics say the tax plays an important role in making the economy fair.
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Last week the U.S. Senate passed a tax overhaul measure. This week the Senate and the House worked on details of the measure around individual tax and…
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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.