After weeks of hype, Trump announced new 10% across-the-board tariffs, giving the nation its biggest tax increase in decades.

After a long wait, the Senate is launching action on President Donald Trump’s ”“big, beautiful bill” of tax breaks and spending cuts

U.S. Senate Republicans took a procedural step forward on President Donald Trump's sweeping tax cut agenda on Thursday, overcoming concerns among some Republican lawmakers that the plan does not include sufficient spending cuts.

The Senate's plan would make the 2017 tax cuts permanent and allow for an additional $1.5 trillion in tax cuts, leaving room for Trump's plans to eliminate taxes on tips and overtime and the administration's other tax priorities.

Senate Republicans are looking to change how extending many of Trump’s 2017 tax cuts would be scored when it comes to future federal deficits. The Congressional Budget Office has projected that extending the cuts would increase deficits by nearly $4 trillion over the coming decade.

Republican senators are meeting with President Donald Trump at the White House as they push ahead on his tax breaks and spending cuts

The Senate passed a resolution Wednesday night that would thwart President Donald Trump’s ability to impose tariffs on Canada, delivering a rare rebuke to the president just hours after he unveiled sweeping plans to clamp down on international trade.