Taxes January 9, 2026
House Votes to Renew Obamacare Tax Credits in Blow to GOP Leaders
The House voted 230-196 Thursday to send a three-year extension of the expired tax credits to the Senate. Seventeen Republicans supported the measure.
Taxes January 9, 2026
The House voted 230-196 Thursday to send a three-year extension of the expired tax credits to the Senate. Seventeen Republicans supported the measure.
Taxes January 7, 2026
Swing-district Republicans defied party leaders to join Democrats in advancing legislation Wednesday to revive expired Obamacare subsidies for three years.
Taxes January 5, 2026
Gamblers and casual bettors nationwide face a new tax reality: Starting in 2026, they can deduct just 90% of their losses against winnings, a drop from the prior full 100% allowance.
Taxes December 26, 2025
The legendary 1981 Reagan tax cut included a little-known provision called tax indexing, which has been saving taxpayers money ever since—far more money than most of us can imagine.
Payroll December 26, 2025
Opting back into Social Security is a way of empowering clergy to take greater control of their financial future, said Rep. Vince Fong (R-CA), one of the bill's chief sponsors, along with Rep. Mike Thompson (D-CA).
Taxes December 22, 2025
A bipartisan House duo is drawing up a cryptocurrency tax framework that would provide a safe harbor for some stablecoin transactions and delay taxation of rewards earned by verifying blockchain transactions.
Taxes December 17, 2025
In a major blow to House Speaker Mike Johnson, four Republicans—Reps. Brian Fitzpatrick (Pa.), Mike Lawler (N.Y.), Robert Bresnahan (Pa.) and Ryan Mackenzie (Pa.)—signed Minority Leader Hakeem Jeffries' (D-N.Y.) discharge petition to force a House vote on a bill extending Affordable Care Act subsidies.
Taxes December 17, 2025
Sen. Jon Ossoff (D-GA) has teamed up with Republican Sen. Cindy Hyde-Smith of Mississippi on legislation to cut income taxes for qualifying small businesses with up to 15 employees.
Taxes December 11, 2025
The Senate on Thursday rejected plans from Republicans and Democrats to ease soaring health care costs, making it more likely many people face health insurance premiums that could double shortly.
Taxes December 11, 2025
Rep. Brian Fitzpatrick, R-Pa., on Wednesday filed a discharge petition to force a vote on a two-year extension of the enhanced Affordable Care Act tax credits, as House GOP leadership eyes a health care vote next week that won’t include such a measure.
Taxes December 8, 2025
Republican U.S. Sens. Bernie Moreno of Ohio and Susan Collins of Maine are introducing legislation to extend the tax credits for two years while imposing new restrictions on eligibility.
Taxes November 19, 2025
President Donald Trump on Tuesday gave his sharpest rebuke of congressional Democrats’ efforts to extend expiring Affordable Care Act enhanced tax credits, saying he would not support legislation to do so.