Budget experts say Trump-backed tax cuts in Public Law 119-21 could raise U.S. deficits by $4.1 trillion over 10 years, according to Congressional Budget Office estimates ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...

Janet Yellen told Newsweek that exempting U.S. firms from new global taxation rules had sacrificed "significant tax revenue.” ...