White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 ...

The 'One Big Beautiful Bill Act' proposed by President Trump aims to make permanent the 2017 tax cuts, sparking debate over ...

While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the ...

The Congressional Budget Office (CBO) has released a report projecting that current tariffs could lead to a 0.6% contraction ...

How tech billionaire Elon Musk's criticism of U.S. President Donald Trump's "Big, Beautiful Bill in 2025 turned into a Big, ...

President Trump and Chinese leader Xi Jinping spoke on Thursday, with tariff and trade talks set to resume next week. Trump ...

The Republicans' spending bill passed by the House of Representatives would blow a big, beautiful hole in the federal deficit, but President Donald Trump's tariffs would patch it, according to the ...

A forecast from the nonpartisan Congressional Budget Office this week says Trump's tariffs could shave $2.8 trillion off the federal debt over the next decade, if they remain in place.

Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the ...

The CBO projects Trump's tariffs could reduce the deficit by $2.8 trillion while his tax bill would add $2.4 trillion, but ...

At a Rotary Club gathering in Watertown, South Dakota, last year, Senator John Thune didn’t hold back. The national debt, he ...

A Congressional Budget Office analysis finds President Trump's tariff policy could reduce the federal deficit by $2.8 trillion over the next 10 years, at the cost of shrinking the U.S. economy.