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

Good evening. The Senate's rules referee sent Republicans scrambling today by determining that critical elements of their big bill don't meet the strict rules surrounding the reconciliation ...

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 ...

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 ...

The sweeping Republican tax-and-spending bill that would deliver on much of President Donald Trump's agenda would increase deficits by about $2.8 trillion over 10 years, once its economic effects ...

* 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 ...

Happy Monday! As Congress returns to action this week, Senate Republicans will be looking to put their imprint on the budget reconciliation bill passed by the House. Lawmakers in the House ...

The reconciliation bill containing much of President Trump’s agenda would provide a significant tax cut for high-income households, but low-income ...

The sweeping package of tax and spending cuts passed by House Republicans last month would add $2.4 trillion to the deficit over 10 years and result in nearly 11 million people losing health ...

The Congressional Budget Office will release a full cost estimate this week for the “One Big Beautifull Bill Act” passed by the House last month — ...