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President Trump's 'big, beautiful bill' is under scrutiny as family finances could shift based on differences in the House and Senate versions, particularly tax credits and deductions.
Senate Republicans are fielding mounting warnings from economists that their signature legislation would add trillions of dollars to the deficit. It appears to be the last thing on their minds. As ...
The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add ...
The Congressional Budget Office estimated that if the House bill were to pass as written, the deficit would increase by ...
After accounting for the dynamic effects of the Trump-backed tax bill, the CBO concludes it will add $2.8 trillion to the ...
Sen. Ron Johnson, a former accountant, unveiled a detailed analysis of the One Big Beautiful Bill Act’s impact on the defict ...
The more Republicans insist that their far-right legislation would shrink the deficit, the more the CBO's arithmetic points ...
"Without addressing out-of-control spending that has increased at an unprecedented level since the pandemic, America’s fiscal situation will remain dire," he warned.
WASHINGTON — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of teens ...
During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 ...
Florida and Texas would be hit especially hard, as they have more people enrolled in the marketplace than other states.