Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.

The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing with the help of Democrats a top campaign promise of President Trump. Sen. Jacky Rosen (D-Nev.) brought

A large tax cut, as well as more money for defense and immigration enforcement, would be financed by slashing health, nutrition, education and clean energy programs.

The Republican-backed tax and spending bill would add trillions of dollars to the federal deficit and negatively affect the poorest of Americans, experts say.

Trump's big beautiful bill gets crucial vote to move on. What to know about reconciliation bill details: no tax on tips, overtime or Social Security.

White House press secretary Karoline Leavitt is holding a press conference at 1 p.m. as Congress battles it out over a large spending bill. House Speaker Mike Johnson (R-LA) is facing doubts that he will be able to live up to his pledge to pass the “big,

Former Vice President Mike Pence spoke Monday in North Carolina against the Trump administration’s zealous efforts to impose tariffs on trading partners worldwide.