Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one ...

P resident Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn.

A new analysis by the Committee for a Responsible Federal Budget (CRFB) reveals that the Republican-backed tax bill in the ...

Republicans advanced a major tax cut and border security package through a House committee, overcoming internal deficit concerns with minor spending cut modifications. The bill faced opposition due to ...

The cost of Republican lawmakers’ draft plan for sweeping tax cutsweighed in at $3.8 trillion over the next 10 years in one ...

As written, the reconciliation bill being considered in the House of Representatives is set to increase the debt by $3.3 trilli ...

The U.S. faces a debt dangerous crisis with Congress's overspending pushing the nation towards a fiscal cliff. Trump has to figure a way to fix things before it's too late.

Republicans advanced their massive tax cut and border security package out of a key House committee during a rare Sunday ...

Republicans have pointed to tariffs as a key source of revenue to help offset the deficit impact from the tax bill, and data out Monday showed customs duties jumped to a record $16 billion in April.

As the US and China came to an agreement to lower tariffs sharply this week, trade war uncertainty has, for now, subsided.

Donald Trump and the GOP's tax plan includes several provisions that benefit the rich and hurt the poor, while raising the national debt by trillions.

and increase tax rates on private foundations. “The deficit impact of the bill is well above the Ways & Means allowable increase of $4.0 to $4.5 trillion, so lawmakers will either need to make ...