On Wednesday, the Court of International Trade ruled that President Donald Trump exceeded his authority under the ...

Campaign rhetoric on Trump's mega bill in Congress offers a look into early messaging tactics both parties will fine-tune ...

With so much uncertainty surrounding Social Security and its solvency over the next 10 years, there is ongoing discussion ...

Giving almost no time for public review, Democrats pushed through a $55.2 billion budget for next fiscal year late Saturday, ...

Illinois legislators passed a record-high $55.1 billion state budget, which includes funding for local K-12 schools, Rockford ...

State leaders and lawmakers, either supporters or opponents of the Illinois state budget for Fiscal Year 2026, issued ...

Giving almost no time for public review, Illinois Democrats pushed through a $55.2 billion budget for next fiscal year late ...

President Trump's new bill could make your auto loan interest tax deductible, leading to cheaper overall payments. Find out ...

Gifts you make throughout your lifetime can be protected from taxation by exclusions of many millions of dollars if you ...

But the income tax decrease in the 2025-26 budget, adopted on April 29, isn’t the largest in 70 years. The income tax rate applied to the excess of a certain threshold, known as a marginal rate, has ...

President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk ...

Eliminate the cap? Use some of the excess to fund specific programs and services? Try to invalidate the 1992 constitutional amendment altogether?