By Suzanne McGee (Reuters) -Investors are fearing that projections for the U.S. debt mountain could increase further when a ...

On May 22, 2025, the House of Representatives cleared a major reconciliation hurdle, advancing its version of a 2025 Fiscal Year (FY2025) ...

Kentucky, said the raise is a serious hold up for him. "I still would support the bill, even with wimpy and anemic cuts," he ...

The fiscal impact of President Trump’s “big, beautiful bill,” which one prominent budget hawk called a “debt bomb,” is becoming a significant political concern among Republican ...

Savings uncovered from waste, fraud, and abuse are no match for spending that lawmakers seem unwilling to restrain.

By week’s end, it’ll be much clearer how the US economy is holding up amid President Donald Trump’s sweeping policy changes.

Tax credits for the parents of young children. A state-funded scientific research institute. Exempting service workers’ tips ...

Mr Trump prefers to govern by executive order, but the bill approved last week addressed administration priorities that couldn’t be tackled with his signature alone. Most significantly, it makes ...

Multiple analyses project that the bill would increase deficits by $3 trillion to $4 trillion over the next decade.

Op-ed views and opinions expressed are solely those of the author. On May 20, the Congressional Budget Office (CBO) released its estimate for the negative impact of […] ...

It is with a typically Trumpian focus on packaging that supporters have dubbed the Republican tax-cut legislation the House passed early Thursday as “One Big, Beautiful Bill.” ...