Under that assumption, the JCT reported this weekend that the tax portions of the Republican megabill would cost just $442 billion over 10 years — a huge drop from the previous estimate, which ...

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The sweeping Republican tax-and-spending bill that would deliver on much of President Donald Trump's agenda would increase ...

Worries about rising debt: Asked about the Congressional Budget Office projection that the legislation would increase the national debt by about $3 trillion over 10 years, 63% of Americans ...

* Tweaks to the phaseout of clean energy tax credits. The Senate plan reportedly would allow more projects to take advantage ...

The sweeping package of tax and spending cuts passed by House Republicans last month would add $2.4 trillion to the deficit over 10 years and result in nearly 11 million people losing health ...

Happy Monday! As Congress returns to action this week, Senate Republicans will be looking to put their imprint on the budget reconciliation bill passed by the House. Lawmakers in the House ...

Elon Musk says he’s “disappointed” by the costly new tax and spending package that House Republicans passed last week. In an excerpt from a new interview with “CBS Sunday Morning,” Musk ...

House Republicans cleared a big hurdle Sunday night as they work to pass their massive 1,116-page package of tax cuts and other GOP priorities.

Treasury Secretary Scott Bessent told a group of investors Tuesday that the punishing trade war between the U.S. and China cannot be sustained, and he expects it to ease in the near future.

What a Wednesday! President Donald Trump hit pause on his latest round of tariffs, and House conservatives hit pause - at least for a moment - on the budget outline for Trump's legislative agenda.

President Trump on Tuesday effectively launched a trade war with the United States’ three largest trading partners. As of 12:01 a.m., all goods imported from Canada and Mexico are subject to a ...