The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget ...

Treasury Secretary Scott Bessent said that there are a number of different assessments of the deficit impact of Republicans’ ...

Any downgrading is a major symbol that global investors no longer ... During that time, federal spending has increased while tax cuts have reduced government revenues,” Moody’s statement ...

More than 8 in 10 likely voters want President Trump’s 2017 tax cuts extended before they expire at the end of this year, according to a new poll released as Congress rushes to finalize a “big ...

Republicans have a trifecta, which means they’re trying to pass more expensive tax cuts that will disproportionately go to the rich. How expensive? They’ll cost $4 trillion over the next ...

As lawmakers in Congress debate whether to renew the personal income tax cuts established by the Tax Cuts and Jobs Act, a familiar criticism has resurfaced: that President Trump’s signature ...

But rarely have the Democrats had so much success in roping in the news media to misrepresent the facts so blatantly as they did in President Donald Trump’s first term regarding the Tax Cuts and ...

As a Republican-backed bill moves ahead in the House, proposed tax cuts under the measure include some new and surprising changes that could impact the wallets of millions of Americans.

President Trump and Republicans are trying to pass a bill to cut taxes by $4.5 trillion, and are trying to partially “pay for” those tax cuts by reducing government spending by $2 trillion ...