In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to the think tank Energy Innovation. The firm expects rates to rise by at least 39% in Missouri and 30% in Kansas.

The Democratic National Committee unveiled a new website to highlight what it says are the costs of Republicans’ new tax and spending law.

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” signed into law by President Donald Trump on July 4,

Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in President Donald Trump's budget.

Former Vice President Mike Pence wrote to Speaker Mike Johnson (R-La.) on Monday to commend him for getting a massive reconciliation package that included an extension of the 2017 tax cuts across the finish line.

The Trump megabill will give the top 1 percent tax cuts totaling $1.02 trillion over the next decade. For comparison, the bill’s cuts to the Medicaid health care program will total $930 billion over the same period.

Retired professor Larry White says the email message he got on July 4 from the Social Security Administration was unlike any he’s ever seen from the agency. “The Social Security Administration (SSA) is celebrating the passage of the One Big,

Here’s what polls showed of Trump's approval rating after the president’s mega tax and spending bill was passed by Congress and signed into law.

President Donald Trump's tax-cut package cleared its final hurdle in the U.S. Congress on Thursday, as the Republican-controlled House of Representatives narrowly approved the massive bill and sent it to him to sign into law.

President Trump's One Big Beautiful Bill includes several provisions expanding federal subsidies and tax benefits for the oil and gas industry. Among its most significant energy-related provisions, the legislation mandates the resumption of quarterly onshore oil and gas lease sales under the Mineral Leasing Act,