That cost jumps closer to $4 trillion once rising interest payment costs are taken into account, according to fiscal experts.

Good evening. President Donald Trump just announced a ceasefire between Israel and Iran that he said he hopes will become permanent. That news comes after Iran launched a missile attack on the Al ...

The sweeping Republican tax-and-spending bill that would deliver on much of President Donald Trump's agenda would increase ...

Good evening! On this date 95 years ago, President Herbert Hoover signed the Smoot-Hawley Tariff Act, raising tariffs on thousands of imported goods in a bid to protect domestic jobs and ...

* Tweaks to the phaseout of clean energy tax credits. The Senate plan reportedly would allow more projects to take advantage of the tax credits, which were introduced as part of the Biden-era ...

The bill would claw back $8.3 billion in foreign aid and $1.1 billion from the Corporation for Public Broadcasting, which funds NPR and PBS. Other rescission requests may follow, but the $9.4 ...

Treasury Secretary Scott Bessent defended President Trump’s tax and trade policies in the face of intense Democratic questions at a Thursday hearin ...

The massive reconciliation bill bearing much of President Trump's economic agenda would reward upper-income households while hurting low-income ones, the Congressional Budget Office said Thursday ...

House Republicans on Thursday narrowly passed a White House request to claw back $9.4 billion in approved funding for foreign aid and public broadc ...

President Donald Trump announced Wednesday morning that a deal easing trade tensions with China is “done,” pending final approval from him and Chin ...