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

Sen. Thom Tillis (R-NC) compared the $9 billion clawback, known as a rescission, to “collecting bottles on the side of the road.” ...

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

After two years of back-to-back special sessions, Colorado lawmakers may be headed for another one, this time to deal with ...

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

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

Instead of shrinking the deficit, the GOP's tax and spending package is set to add $5 trillion to the U.S. debt ceiling and $3.3 trillion to the deficit over the next 10 years. Any increased revenue ...

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

New York’s state budget will take a $3 billion hit next year from President Donald Trump’s tax and spending bill, a top state ...

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 ...

With the GOP’s “big, beautiful bill” headed to President Trump’s desk for signature Friday, wealthy Americans are poised to ...