Trump's Treasury pick Scott Bessent is right, US has a spending problem: GOP rep
Rep. Andy Harris, R-Md., weighs in on Trump's tax cuts amid Scott Bessent's confirmation hearing and Congress grappling with a strategy for the reconciliation bill.
Trump's tax cut plans face bond market headwinds, GOP lawmakers warn
President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP lawmakers warn rising bond yields could dampen those efforts.
Sen. Cruz reintroduces bill to exempt tips from federal income taxes
On Thursday, Sen. Ted Cruz, R-Texas, reintroduced the No Tax on Tips Act, a bipartisan bill he first pushed last year that aims to exempt tips made by service workers from federal income taxation.
We know 'Remain in Mexico' works, Texas GOP rep says
Rep. Roger Williams, R-Texas, discusses the impact of tax cuts on small businesses, the SALT cap and his plans to reintroduce the 'Remain in Mexico' policy.
Trump's 'External Revenue Service' will collect from importers, not 'foreign sources'
President-elect Trump plans to create an External Revenue Service that would collect tariffs from U.S. importers, with economists arguing the proposed agency's name obscures who pays.
Trump announces new External Revenue Service to collect foreign money
President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue from foreign sources.
Trump tax cuts need to happen immediately: Art Laffer
Former Reagan economist Art Laffer explains what could happen to the economy if Congress fails to immediately extend Trump's tax cuts on 'The Big Money Show.'
Pennsylvania lawmaker on Trump tax cuts: Everyone should pay their fair share, especially foreign countries
Rep. Scott Perry, R-PA., joins 'FOX Business Live' to discuss Trump creating an external revenue service, House GOP looking to make Trump tax cuts permanent and sending disaster aid to California.
GOP rep slams California leadership over wildfires: 'Complete failure' at gubernatorial, mayoral level
Rep. Scott Fitzgerald, R-Wis., on Speaker Johnson considering tying the debt limit to wildfire aid, Democratic Rep. Tom Suozzi offering to help Republicans with tax cuts and the DOJ releasing the special counsel reports on Trump and Hunter Biden.
US economy to lose nearly 6 million American jobs, $1.1T in GDP if Congress lets Trump tax cuts expire: study
The U.S. economy stands to lose nearly 6 million American jobs and $1.1 trillion in GDP if President-elect Donald Trump's 2017 tax cuts expire at the end of 2025.
New York Republican on raising SALT cap: 'What we're really looking for is tailored relief for our middle class'
Rep. Nicole Malliotakis, R-N.Y., sheds light on the negotiations between lawmakers over raising the SALT cap and tax reform.
Economist analyzes Trump's SALT dilemma: 'It should be gone'
First Trust Advisors chief economist Brian Wesbury discusses President-elect Trump's tax cut battle on 'The Big Money Show.'
Jamie Dimon weighs in on Trump's win, policies his admin should focus on
JPMorgan Chase CEO Jamie Dimon said in an interview with CBS that American voters' frustration with the government and policies it pursued led to President-elect Donald Trump's win.
California wildfire aid is a 'huge bill,' Texas GOP rep says
Rep. Pat Fallon, R-Texas, discusses the SALT cap, emergency aid for California wildfires, Congress’ investigation into the fires, special counsel Jack Smith resigning and the reconciliation bill.
Melania Trump vows to respect Americans’ hard-earned money as she builds a lean staff
The incoming First Lady pledges to respect taxpayer dollars by hiring only the most talented individuals based on merit.
GOP rep warns Americans 'across the board' will suffer if reconciliation isn't passed this year
Rep. Zach Nunn, R-Iowa, discusses lawmakers' negotiations over raising the SALT cap and passing wildfire relief.
IRS announces start of tax season – what to know
The Internal Revenue Service announced that the 2025 tax filing season will officially begin on Jan. 27, when taxpayers can file returns for the 2024 tax year.
TikTok ruling will not be a big deal ‘one way or another,’ GOP senator says
Senator Ron Johnson, R-Wis., joins ‘The Big Money Show’ to discuss tax cuts, TikTok and Elon Musk’s plan to cut $2 trillion dollars in government spending.
Gavin Newsom better work with Trump to rebuild California: Rep. Greg Murphy
Rep. Greg Murphy, R-N.C., questions the political policies that led to the California wildfires on 'FOX Business Live.'
Former Trump official sets record straight on inflationary impact of Trump's tariffs
Former Trump Assistant Commerce Secretary Nazak Nikakhtar breaks down President-elect Trump's tariff strategy on 'The Big Money Show.'