The Tax Cuts and Jobs Act, which Congress passed in 2017, came with a built-in policy time bomb—several of the more popular provisions are set to expire on the last day of 2025. These tax cut expirations limited the cost of the law to meet the requirements of the budget reconciliation process and thereby avoid being blocked by a Senate filibuster. The bill’s architects deliberately made the less popular provisions (corporate tax cuts) permanent, but they wagered that the more popular individual tax cuts could be extended when the time came. That time has arrived.

The Minnesotda Democrat has served in the Senate since 2018 and won reelection in 2020 by five points.

It’s a tough time to make financial sense of what’s coming out of Washington. Time will tell how President Donald Trump’s flurry of executive orders, policy pronouncements and social-media posts will affect money and markets.

Omar will be “will be talking with Minnesotans” about the future of the seat and the state party, a spokesperson said.

Ms. Smith, a Democrat from Minnesota, will leave open another seat for her party to defend next year as it confronts an uphill battle to retake the Senate.

Musk’s machinations and Trump’s daily outrages are meant to be mesmerizing—and paralyzing. But there are plenty of ways to fight back effectively—starting with not panicking.

Rep. Jan Schakowsky (D-Ill) suggested during a subcommittee hearing that the word ‘manufacturing’ sounds like a guy and hence there are fewer women in

The $500,000 donation to the campaign of Abigail Spanberger, a former representative and C.I.A. officer, is the largest direct contribution in VoteVets’ 20-year history.

Their radicalism put them out of step with American voters.