The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...

The national debt already exceeds $36 trillion and is growing at historic rates. That has cascading consequences for the ...

The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...

O N JULY 3RD Congress gave Donald Trump the Independence Day present he wanted: with a vote of 218–214, House Republicans ...

Interest payments, Social Security and healthcare have driven most of the increase since February 2020, and there's no will ...

Spending cuts: $1.7 trillion, including a 12 percent cut to Medicaid, an unprecedented reduction in spending on the ...

Stocks soared back to life after April’s tariff selloff, while bonds remained in the green despite renewed volatility.

In the president’s eagerness to score a win and extend tax cuts, he walked away from a key campaign promise on Medicaid. The ...

If Trump lowers the US trade deficit that could reduce dollars held abroad from being funneled into the S&P 500, Apollo's top economist said.

The Indian rupee slipped on Monday to end the month and quarter slightly lower, trailing most Asian peers amid muted ...

Trump's bill advances toward Senate vote amid partisan debate over tax cuts and Medicaid reforms, with Republicans defending ...

It illustrates the long-term damage Mr Trump is doing to the foundations of America’s economy. The bill’s main effect is to ...