The One Big Beautiful Bill Act (OBBBA) promises significant tax cuts for Americans, with residents of Wyoming, Washington, ...

The federal budget deficits caused by President Donald Trump’s Big Ugly Bill tax and spending law could trigger automatic cuts to Medicare if Congress does not ...

What’s especially troubling is the way the multiple reached its current heights. The main driver wasn’t what matters most: ...

Sens. Jim Risch and Mike Crapo almost got themselves crosswise with the great majority of Idahoans by supporting a MAGA effort to sell public lands as part of the BBBB deliberations. When they saw ...

Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...

We knew even before Monday’s CBO report that Trump’s bill would redistribute wealth from those who have the least to those who have the most.

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people ...

President Donald Trump’s tax and spending law will result in less income for the poorest Americans while sending money to the ...

More than two million Americans will lose access tofood stamps following the introduction of new work requirements under ...

Using the CBO score, the Committee for a Responsible Federal Budget projects that the policies in the bill will also add $4.1 trillion to the national debt over the same time period, when ...

The CBO score for the law, released Monday, reflects a $4.5 trillion decrease in revenues and a $1.1 trillion decline in spending through 2034, relative to a current-law baseline. The new analysis ...