ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.” ...

Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people ...

President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic.

The legislation now heads to the House for possible final approval, though a handful of Republicans there have already voiced ...

Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax ...

The president’s sweeping domestic policy achievement extends his expiring 2017 tax cuts, but could cause millions in the U.S.

The "big, beautiful bill" will add trillions to the national debt through tax cuts, and millions of people could lose their ...

The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder ...

President Donald Trump's tax-cut package cleared its final hurdle in the U.S. Congress on Thursday, as the ...