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 ...

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

The Senate on Wednesday kicked off a marathon round of votes on a White House request to claw back billions in funding for foreign aid and the Corporation for Public Broadcasting, which supports ...

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 ...

President Trump on Monday promised to enact punishing new tariffs on Russia if President Vladimir Putin doesn’t agree to end his war against Ukraine. “We’re going to be doing very severe ...

Senate Republicans on Tuesday narrowly passed their massive package of tax and spending cuts, capping a tumultuous marathon voting-and-negotiating session that lasted more than 26 hours by ...

Although the ink is barely dry on the massive tax and spending package that will add more than $4 trillion to the national debt over the next decade, some Republicans are calling for another major ...

The fate of President Trump’s “big, beautiful bill” remains uncertain this evening, but the process to pass it is unquestionably ugly. The Senate began a lengthy vote-a-rama Monday morning ...

Happy Monday! Now that President Donald Trump has signed into law his so-called big, beautiful bill, the fiscal focus shifts to tariffs, the spending bills needed to avoid a government shutdown ...

Scientists have warned that the Trump administration’s funding cuts threaten a broad range of research. Now, a new analysis finds that the president’s budget request would cut federal funding ...

President Donald Trump and House Republican leaders worked furiously on Wednesday to try to persuade holdouts to provide the necessary votes to pass the nearly 900-page package of tax and spending ...