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WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...
The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does not act, according to the nonpartisan Congressional Budget ...
The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from ...
The CBO now projects that 10 million Medicaid beneficiaries will lose health insurance due to changes enacted under the Big, ...
As congressional Republicans worked on their massive tax and spending package earlier this summer, much of the attention was ...
U.S. tourism officials have revealed the Federal legislature's controversial visa integrity fee of $250 through Big Beautiful ...
Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to ...
It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...
The Affordable Care Act (ACA) caused health insurance premiums to soar and nearly collapsed the market, prompting the Biden ...
Today, the Congressional Budget Office (CBO) released new analysis showing that President Donald Trump and congressional Republicans’ One Big Beautiful Bill Act adds at least $4.1 trillion—and ...
It would add $3.4 trillion to the nation's $36.2 trillion debt, according to the nonpartisan Congressional Budget Office.