House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal ...

A key House committee advanced President Donald Trump’s giant tax and spending package after Republican hardliners won ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Rep. Jennifer McClellan warned that the proposed tax cuts in GOP budget proposals would hurt millions of Americans who rely ...

WASHINGTON (Reuters) - Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit ...

The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its ...

The 37-member House Budget Committee convened for a crucial vote on Trump's "big, beautiful bill" that could determine ...

As the US and China came to an agreement to lower tariffs sharply this week, trade war uncertainty has, for now, subsided.

The Republicans are honest about their reason for Medicaid cuts, which is to allow tax cuts for far wealthier people.

Republican plans call for axing consumer tax credits for home upgrades, EVs and rooftop solar, while sunsetting incentives ...

The GOP “moderates” pushing a big SALT deduction for wealthy folks are contributing to the big Medicaid cuts they say they ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...