Elon Musk says he’s “disappointed” by the costly new tax and spending package that House Republicans passed last week. In an excerpt from a new...

Running more than 1,100 pages, the Republican reconciliation bill passed by the House today includes trillions in tax cuts and hundreds of billions in...

President Donald Trump and House Speaker Mike Johnson on Wednesday tried to convince conservative holdouts to back their sweeping tax and budget bill...

The Congressional Budget Office released a preliminary analysis late on Tuesday of the distributional effects of the Republican reconciliation bill...

The reconciliation bill Republicans are battling to push through the House would increase the national debt by trillions of dollars, according to the...

House Republicans cleared a big hurdle Sunday night as they work to pass their massive 1,116-page package of tax cuts and other GOP priorities. The...

In the massive reconciliation bill still working its way through the House, Republican lawmakers have included $25 billion in funding for a military...

Citing large and growing budget deficits and rising interest costs, Moody’s Analytics on Friday reduced its credit rating on U.S. government debt...

House Republicans took a couple of big steps forward on their sweeping, partisan budget bill on Wednesday via key committee votes that advanced both a...

Thanks to the annual surge in receipts as Americans pay their tax bills, the U.S. recorded a budget surplus of $258 billion in April. The surplus was...