Sens. Rand Paul of Kentucky, Ron Johnson of Wisconsin and Mike Lee of Utah reiterated their issues with the bill, which revolve around the deficit impact. The Congressional Budget Office has projected ...

Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact on millions of Americans and drastic consequences for the economy.

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

Elon Musk is criticizing the centerpiece of President Donald Trump’s legislative agenda, saying he's “disappointed” in what ...

President Trump has continued to downplay concerns about economic uncertainty due to his policies. Financial Times U.S. National Editor Ed Luce and former Chief of Staff to Vice President Pence Marc ...

Trump’s big bad bill aims to award tax breaks to the rich and cut Medicaid, but is opposed by Democrats and even some ...

President Trump on Wednesday punted on a question about tech billionaire Elon Musk’s criticism of the “big, beautiful bill” ...

Elon Musk said the multitrillion-dollar tax and spending agenda fails to reduce the federal deficit, echoing complaints from ...

Senate Republicans are working to get the bulk of President Donald Trump’s agenda into a single bill, which means retooling their House counterparts’ megabill into something that can pass through the ...

Senate Republicans are deeply divided over President Trump’s “big, beautiful bill,” which the House passed by a single vote last week, setting up a battle in the upper chamber between moderates ...

The billionaire presidential adviser said he was “disappointed” in Trump’s “big, beautiful bill” because of how it would ...

The One Big Beautiful Bill Act, passed by the House of Representatives last week, would slow efforts to green the energy ...