Budget

Political observers have long anticipated that the bromance between President Donald Trump and Elon Musk, the world’s richest man, would fizzle, with...

President Donald Trump said Wednesday that the federal debt limit should be eliminated, adding another potential hurdle in the negotiations over...

The sweeping package of tax and spending cuts passed by House Republicans last month would add $2.4 trillion to the deficit over 10 years and result...

Elon Musk, freshly departed from the Trump administration, lashed out on Tuesday against the Republican tax and spending package now in the Senate...

President Trump’s 2026 budget request calls for the elimination of 107,000 jobs at non-defense federal agencies next year. If Congress enacts the...

The Congressional Budget Office will release a full cost estimate this week for the “One Big Beautifull Bill Act” passed by the House last month — but...

It’s the Senate’s turn in the reconciliation spotlight. With a self-imposed July 4 deadline looming, Senate Republicans are launching into a four-week...

The White House and some key Republican lawmakers are defending the Medicaid cuts in their budget reconciliation bill, but their defense relies on...