The International Monetary Fund (IMF) has warned that President Donald Trump’s “One Big, Beautiful Bill” (OBBA) may result in ...

Congress’s budget arm reported Monday that Republicans’ massive tax-and-spending legislation dubbed the “One Beautiful Bill” ...

Traditionally, elected officials have feared public backlash if they try to take from the poor to give to the rich. This year ...

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...

WASHINGTON — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in ...

The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to lower average monthly benefits. By 2034, average benefits will be $213 per ...

It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

A congressional watchdog agency, the Government Accountability Office (GAO), published a post Wednesday morning reaffirming ...

Despite grandiose claims about his tariffs bringing in billions in revenue, President Donald Trump cannot seem to help the ...

Lawmakers from both parties have so far rejected steep cuts to the National Oceanic and Atmospheric Administration (NOAA) proposed by the Trump administration.

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...