Congress has approved a monumental tax and spending bill that triples federal funding for immigrant detention centers, raising alarms about the treatment of detainees and expanding ICE's capacity significantly.
In a nail-biting vote, the Republican-controlled House advanced Trump's megabill, despite internal defections. With a final vote looming, tensions run high over welfare cuts and benefits for the wealthy.
Senate Republicans hit a major roadblock in passing their tax and spending package as a key Medicaid provision is ruled out. The parliamentarian's decision raises concerns over funding for rural hospitals and other crucial provisions.
In a significant setback for the Republicans' tax and spending cut bill, the Senate parliamentarian ruled that a proposal to shift food stamp costs to states violates Senate rules, jeopardizing potential savings and the bill's future.
In a fiery critique, Elon Musk condemns Trump's multi-trillion dollar tax and spending bill, labeling it a 'disgusting abomination' and warning of its impact on the budget deficit and American citizens.
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.
In a high-stakes vote, House Republicans are trying to pass Trump's massive tax and spending bill, which faces significant intra-party divisions and opposition from Democrats. The bill aims to extend tax cuts while adding trillions to the national debt.
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.
As President Trump negotiates a controversial tax and spending bill with House Republicans, tensions rise within the party. The proposed legislation faces opposition from both budget hawks and tax-cut proponents, raising questions about its future.
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.
