Budget experts say Trump-backed tax cuts in Public Law 119-21 could raise U.S. deficits by $4.1 trillion over 10 years, according to Congressional Budget Office estimates ...

Janet Yellen told Newsweek that exempting U.S. firms from new global taxation rules had sacrificed "significant tax revenue.” ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...

WASHINGTON - Republicans' "big, beautiful" law will add $3.394 trillion to deficits during the next decade and lead 10 million people to lose access to health insurance, according to an analysis ...

Maryland faces a $1.2 billion deficit as lawmakers plan cuts and maintain a balanced budget amid federal funding losses and ...

ALBANY, N.Y. (NEXSTAR) — Counties and cities saw local sales tax collections rise through September, giving municipalities a financial boost despite warnings from New York’s top fiscal officer about ...

As state lawmakers returned to Sacramento for a new legislative session this week, Democratic members are having serious ...

In San Francisco, city officials have finalized a plan they say could be key to saving Muni service. It's a parcel tax that ...