The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their ...

Republicans are increasingly split over the deficit impact of Trump’s bill. Wide polarization: Some GOP lawmakers claim the bill will save trillions over 10 years, while a growing number say it will ...

President Donald Trump’s big bill in Congress would unleash trillions in tax cuts and slash spending, but also spike deficits ...

Congressional budget experts project Trump's comprehensive tax legislation will generate substantial deficit increases while ...

During his testimony before the Senate Finance Committee yesterday, Treasury Secretary Scott Bessent refuses to answer Senator Ben Ray Luján's questions confronting him on estimates that Trump's 'one ...

The legislative proposal by President Trump, known as the H.R. 1 or "The One Big Beautiful Bill Act," has sparked intense ...

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...

Trump’s proposed ‘bonus deduction’ in the One Big Beautiful Bill Act faces Senate pushback over deficit and social program ...

The number underlines Republicans’ challenges in selling the measure as fiscally sound and comes as GOP senators are making ...

The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what ...

Administration officials blocked publication of written analysis that normally accompanies the report because they disliked ...