The bottom line: Passage of the rescissions package is another win for Trump as he nears the six-month mark of his second term. Fiscal hawks in the GOP may celebrate the spending cuts codifying DOGE’s ...

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In a research note, Brusuelas said the data is consistent with an increase in the overall inflation rate to a range between 3 ...

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The Senate version of the One Big Beautiful Bill Act, the massive reconciliation package that would deliver on much of President Donald Trump’s domestic policy agenda, would add at least $3.3 ...

A new analysis of the Republican megabill currently under consideration in the Senate finds that it could be much less costly than previously estimated — as long as you’re willing to ignore ...

House Republican leaders had hoped to make significant progress this week resolving lingering internal differences on key elements of their massive budget reconciliation package — plans for ...

Time magazine today published a wide-ranging, news-making and sometimes head-scratching interview it conducted this week with President Donald Trump to mark his first 100 days in office. Trump ...

Treasury Secretary Scott Bessent told a group of investors Tuesday that the punishing trade war between the U.S. and China cannot be sustained, and he expects it to ease in the near future ...

Permanently extending the 2017 tax cuts as Republicans want to do would result in significantly higher budget deficits over the coming decade and soaring national debt over the longer term ...

Elon Musk and Vivek Ramaswamy said this week that they plan to target billions of dollars in “unauthorized” federal spending as part of their effort to trim waste from the budget. “DOGE will ...

A group of Nobel Prize-winning economists released a letter Wednesday in which they expressed support for the policies proposed by Vice President Kamala Harris while warning that the policies of ...