The Senate Committee on Finance argues that its proposal of changes to the bill "prevents the largest tax hike in history."

Republicans want to let businesses use a little-known tax credit to pay insurance companies to cover their workers’ leave.

Shorter tax credit deadlines proposed in Trump's tax bill would derail swathes of green hydrogen projects and severely curb hydrogen investment in the United States, industry experts warn.

(Reuters) -Shares of U.S. solar energy companies tumbled in extended trade on Monday after Republicans who control the U.S. Senate Finance Committee unveiled changes to President Donald Trump's sweeping tax-cut and spending bill that would phase out solar, wind and energy tax credits by 2028.

Kris Cox: The bill overall takes food assistance and health care coverage away from people with low and middle incomes, and that is extremely damaging.

Texas Governor Greg Abbott is expected to sign new legislation offering property tax relief to homeowners in the state struggling with rising bills, on Monday. If endorsed by voters in November, the measures pushed forward by the GOP-led Texas legislature would significantly lower the cost of homeownership for millions of Lone Star State residents,