The Republican-led House narrowly passed a sweeping tax and spending bill that fulfills many of Trump's campaign promises, despite concerns over increasing national debt. With a projected $3.8 trillion impact, this legislation faces scrutiny from both parties.
The latest U.S. Treasury auction of 20-year bonds faced weak demand as fears over rising national debt and a contentious tax-and-spending bill grow. Investors are increasingly worried about fiscal responsibility amidst economic uncertainty.
Tensions rise as the yield on 30-year Treasury bonds surpasses 5%. Investors question America's fiscal future amid Trump's budget bill discussions that could reshape U.S. financial policy, impacting households and businesses alike.
In a fierce battle within the GOP, Rep. Chip Roy emerges as a pivotal figure challenging Trump's ambitious reconciliation bill. His bold stance on fiscal responsibility raises questions about the future of the GOP agenda.
The 'One Big, Beautiful Bill Act' promises sweeping changes, impacting millions of Americans through Medicaid cuts, SNAP eligibility tightening, and tax reforms. Discover what this megabill could mean for your finances.
In a surprising Sunday night vote, Republicans advanced a massive tax cut and border security package out of a key House committee. Despite concerns from deficit hawks, Speaker Mike Johnson remains optimistic about the bill's future.
Moody's has downgraded the US sovereign credit rating, raising alarms about a growing debt crisis. As Congress debates a massive fiscal bill, investors are on edge, fearing higher borrowing costs and political turmoil.
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.
President Trump's ambitious mega-bill is on shaky ground as key Republican members voice opposition. With only one vote to spare in the House Budget Committee, the future of this legislation hangs in the balance.
As House Speaker Mike Johnson races to finalize a massive spending cut package, Senate Republicans express skepticism, calling the bill 'wimpy' and 'anemic.' Key GOP senators are pushing back against elements of the proposal, citing concerns over Medicaid changes and tax hikes. Will the Senate reshape Johnson's plan or let it die?
