A CNBC Special Report looks into the possible impacts the "one big, beautiful" bill could have on higher education, charitable giving and the deficit.

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

The landmark “Big Beautiful Bill” that President Donald Trump signed on July 4 will affect the finances of hundreds of ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

Billionaire philanthropists John and Laura Arnold have made fiscal responsibility a signature cause, going so far as to release a 20-step plan for the US to save up to $4 trillion. So when Congress ...

Republicans are deceiving us about the cost of the tax bill. It adds trillions to the deficit while allowing Congress to ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

A statue of George Washington stands in the rotunda as Republican lawmakers in the House work to push President Donald ...

President Donald Trump has signed his tax and spending bill into law after Republicans muscled it through Congress.

Trump signed a tax and spending bill into law, touting it as a historic win despite projections of widening the deficit.

The “One Big Beautiful Bill Act” may have been touted as bringing Americans the largest tax cuts in history, but plenty of high-earning taxpayers will end up shouldering a tax increase, said Holly ...