In deciding whether to vote for the tax and spending package now sitting before the Senate, Sen. Rand Paul (R–Ky.) says he's been asking himself a simple question: Does the bill increase the federal ...

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

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 ...

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

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

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

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

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 ...

Trump Tax Bill Will Add $2.4 Trillion to the Deficit and Leave 10.9 Million More Uninsured, CBO Says – Associated Press Trump's Tariffs Would Cut US Deficits by $2.8T Over 10 Years and Shrink ...

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

Senate tax bill stumbling blocks: Medicaid cuts, SALT and deficit explosion After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the ...