The downgrade, announced on Friday evening, came only hours after a handful of Republicans on the US House of Representatives' budget committee blocked progress of President Donald Trump's tax and spe ...

A U.S. sovereign downgrade by Moody's has exacerbated investor worries about a looming debt time-bomb that could spur bond ...

"Put simply, The Big Beautiful Bill will empower Big Beautiful Deportations," the White House said May 17 in a press release after the bill stalled.

Rep. Chip Roy (R-Texas) huddled with White House officials and Office of Management and Budget Director Russ Vought on Saturday to voice those concerns — but didn’t commit to backing ...

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one last person to consult. He went to the White House.

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

President Donald Trump's budget bill faced a setback as Republican divisions led to its defeat in the House Budget Committee.

A new bill backed by House Republicans wants to extend the higher child tax credit President Trump instituted in 2017. The ...

Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.

With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .

Conservatives have blocked President Donald Trump's big tax breaks and spending cuts bill in a stunning setback. House Republicans failed Friday to push it out of the Budget Committee. Five ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...