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

Trump’s proposed overtime tax break may be cut as lawmakers face pressure to trim the package amid debt concerns and a Moody’s downgrade.

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

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

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 its potential deficit impact and delayed enforcement of new Medicaid work requirements,

The cost of Republican lawmakers’ draft plan for sweeping tax cutsweighed in at $3.8 trillion over the next 10 years in one official estimate, a lowball projection that independent analysts say masks the true fiscal hit.

Republicans advanced their massive tax cut and border security package out of a key House committee during a rare Sunday night vote as deficit hawks who blocked the measure two days earlier reversed course after gaining commitments on the package's spending cuts.

After that, tax cuts—including carve-outs on tipped wages ... would increase by less than 0.05 percent because the deficit impact of the bill drives a wedge between the increase in economic ...

Since U.S. President Donald Trump imposed steep tariffs on China last month, Beijing has responded in kind. On state and social media, it posted images of Mao Zedong, lambasted "imperialists," and sent a message: capitulation to bullies is dangerous, and it wouldn't back down.

House Republicans are proposing hundreds of billions of dollars in spending cuts to Medicaid, a major flashpoint in negotiations that could make or break President Donald Trump’s legislative agenda.

T he latest tax proposal from the GOP, part of a broader fiscal package, promises an average tax cut of $1,300 for taxpayers. Dubbed 'The One Big, Beautiful Bill,' this initiative