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.
In a critical Sunday night meeting, Republicans aim to revive their tax cut and border security bill after a recent committee setback. Speaker Mike Johnson remains optimistic despite concerns from within the party about budget impacts.
The House Budget Committee narrowly approved President Trump's tax and spending cuts bill, setting the stage for contentious votes ahead. Hardliners express cautious optimism but demand more changes.
The House Budget Committee has advanced President Trump's multitrillion-dollar policy package amidst fierce debates and opposition. Despite a narrow vote, significant changes are needed before it can pass the full House.
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.
In a fierce response to Moody's credit downgrade, White House communications director Steven Cheung calls out the rating agency's economist, Mark Zandi, labeling him a political adversary of Trump. As Congress debates a new tax package, concerns about the U.S.'s soaring $36 trillion debt continue to mount.
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.
In a dramatic turn of events, Trump's much-anticipated budget bill faces a significant setback as five Republican lawmakers reject it, demanding deeper cuts. The internal GOP conflict raises questions about the bill's future and Trump's domestic agenda.
A Republican effort to pass Trump's ambitious tax bill faces significant obstacles as hardline conservatives demand deeper Medicaid cuts. With a procedural vote looming, tensions rise within the GOP.
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.