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Republican US Congress to Try Again on Trump Tax Cuts, Bessent Dismisses Credit Downgrade
Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit rating, saying the Trump administration would ensure U.S. economic growth outpaced its debt and pointing to recent pledges of Middle East investment.
The new administration wants to limit or roll back tax credits for home energy equipment -- which could cost you money and ...
In the U.S., electric car sales grew by about 10% year-on-year in 2024, reaching more than 1 in 10 cars sold, according to ...
The bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married ...
The plan, which is still pending in the House, would eliminate many tax incentives for clean energy programs after this year.
Republican plans call for axing consumer tax credits for home upgrades, EVs and rooftop solar, while sunsetting incentives ...
The House Budget Committee approved the Republicans' party line megabill after negotiations with conservative holdouts.
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