Democrats used the process to pass the Inflation Reduction Act in 2022. Reconciliation helped Republicans pass large tax cuts in 2017. Reconciliation is also at the heart of the current budget debate, ...

Even President Joe Biden has some regrets about the name of the Inflation Reduction Act. As the giant law turns 1, it's increasingly clear that immediately curbing prices wasn't the point.

A popular tax credit that helps homeowners afford energy-efficient HVAC upgrades is on the line. As Congress debates the “Big, Beautiful Bill,” contractors and distributors are speaking out about what ...

The 10 grant cuts that DOGE says have yielded the highest savings are listed below. The number is based not on the total ...

The unfavorable rulings for Republicans have forced them to strip out certain measures, potentially foreshadowing the fate of ...

A look at the economic impact and progress of Biden’s Inflation Reduction Act so far. In 2022, President Joe Biden signed the Inflation Reduction Act, the biggest investment in projects to ...

Gene editing, mRNA technology for developing vaccines and cognitive behavioral therapy rank among the most recognized ...

The Iranian regime is facing its gravest threat in years. It’s been weakened by sanctions, bombed by both Israel and the US, ...

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

Republicans, led by Senator Rand Paul, propose selling USPS's electric vehicles to cut costs, redirecting funds to the ...

While wealthy Americans sipped champagne at charity galas and shuffled millions through offshore accounts, the IRS was ...

You might need to act quickly to take advantage of tax credits. State attorney general appeals ruling striking down ...