President Trump has just signed a historic tax and spending cuts bill, facing opposition from Democrats and concerns from some Republicans. Discover the key provisions and when they take effect, from tax cuts to Medicaid changes.
Economists warn that Trump's massive tax cuts could exacerbate the U.S. debt crisis, potentially leading to higher interest rates and a doom loop that threatens economic stability. Learn why experts are concerned about the future.
President Trump’s latest tax cuts are projected to add over $4 trillion to the national debt, raising concerns about the U.S. fiscal future. As debates rage on, can America afford this economic gamble?
As lawmakers debate Trump's budget bill, West Virginians voice concerns over looming cuts to food subsidies and Medicaid, impacting millions in the state. Will the 'Big Beautiful Bill' pass?
Senate Republicans proposed significant changes to Trump's tax-cut bill, causing friction with House colleagues. The revised plan aims to make certain tax breaks permanent but faces opposition on spending cuts and Medicaid reforms.
As Congress debates President Trump's ambitious legislation, the Congressional Budget Office faces scrutiny for projecting a $2.4 trillion increase in federal deficits, igniting fierce political battles.
In a surprising turn, Elon Musk publicly criticizes President Trump's flagship legislation, calling it a 'massive spending bill' that threatens fiscal responsibility. His comments signal a significant shift in their political partnership.
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
The emerging GOP tax proposal could add over $2.5 trillion to the federal deficit, igniting fierce debate among lawmakers. Critics warn it risks an economic calamity by favoring tax cuts for the wealthy while slashing essential programs.
In a significant shift, Senate Republicans are pushing to lock in Trump tax cuts indefinitely, bypassing Democrats and risking a major change in Senate procedures. With the tax cuts set to expire soon, the move could have lasting implications for American taxpayers and the political landscape.
