House Republicans' spending bill and rising tariffs may slightly reduce the budget deficit, but experts warn of an unsustainable debt trajectory. With the national debt nearing $36 trillion, tough fiscal decisions loom on the horizon.
Senate Republicans have unveiled a controversial tax plan that slashes the child tax credit and state tax deductions, setting the stage for a showdown with the House. Key provisions aim to balance Trump's tax agenda with new spending promises.
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.
In a bid to reshape American financial futures, President Trump announced a plan for $1,000 investment accounts for every newborn. This initiative promises to support education, home ownership, and more, with backing from top CEOs. Will this transform middle-class lives?
In a fiery interview, JD Vance cautions Elon Musk against attacking Trump, calling it a 'huge mistake.' As tensions rise, can the two powerful figures mend their relationship?
As Senate GOP leaders rush to pass a massive bill for Trump by July 4, key senators voice their demands. Will they unite or fracture the party? Discover the 7 crucial senators to watch!
A dramatic fallout between Elon Musk and Donald Trump escalates as Musk criticizes Trump's budget, leading to threats and accusations. Will Musk's new political ambitions affect SpaceX?
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.
The CBO has revised its estimate for the national debt impact of Trump's tax cut bill, now predicting an addition of $2.4 trillion. This comes after Elon Musk criticized the legislation, stirring debate among Republicans as they prepare for Senate action.
Elon Musk criticizes President Trump's massive spending bill, calling it a 'disgusting abomination' that threatens America's economy with unsustainable debt. He warns of dire consequences for citizens, while lawmakers defend the legislation.
