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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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 ...

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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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 ...

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 ...

Good evening! On this date 95 years ago, President Herbert Hoover signed the Smoot-Hawley Tariff Act, raising tariffs on thousands of imported goods in a bid to protect domestic jobs and ...

The Social Security system is seeing a record number of filings for benefits this year, and experts say it’s at least in part a sign of growing concern over the stability of the retirement ...