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 bill attempts to combine several priorities in Trump's legislative agenda with a clear emphasis on tax cuts.

WASHINGTON – Workers who rely on tips moved a step closer Tuesday to seeing a significant tax break when the U.S. Senate approved a new federal tax exemption. U.S. Sen. Ted Cruz, R-Texas, authored the bill, which was approved by unanimous consent, meaning no senator objected to its passage.

House GOP leaders worked through the weekend to win over a quartet of fiscal conservatives who voted last week to block Trump’s Big Beautiful Bill.

The White House Council of Economic Advisers has released new taxpayer savings projections for President Donald Trump's "big, beautiful bill."

Deficit hawks who had blocked the measure two days earlier are still dissatisfied and want steeper spending cuts.

Millions of Americans are at risk of losing access to Medicaid under the proposed legislation, which passed the House Energy and Commerce Committee (HECC). Representative Brett Guthrie, a Kentucky Republican and chair of the HECC, insisted that the changes will "strengthen and sustain" Medicaid for the future, calling them "common sense."