News

Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
Republicans look for reset on Trump’s ‘big, beautiful bill’
Senate Majority Leader John Thune (R-S.D.) is looking for a reset and to build momentum on President Trump’s big, beautiful ...
Democrat-controlled budget office wrongly analyzed Trump's big bill, missed record savings, White House says
White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 ...
Public Broadcasting Service (PBS)3d
Breaking down Trump’s ‘Big Beautiful Bill’ and its impact on the deficit and national debt
The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what ...
The White House’s through-the-looking-glass budget spin
OMB director ignores current law and relies on budget gimmicks to claim massive deficit reduction.
The big, beautiful bill is bad news for student loans
It’s not just Pell Grants that Republicans are targeting with the big, beautiful bill. If the legislation becomes law, ...
'Right down the line': Medicaid reform in 'big, beautiful bill' divides lawmakers by party
Medicaid changes in Trump's "big, beautiful bill" have been met with a partisan division. The GOP defends the plan as needed ...
Trump's big bill will cut taxes by $3.7T and add $2.4T to deficit, budget office says
The CBO also estimates an increase of 10.9 million people without health insurance under the bill, including 1.4 million who ...
Republicans dismiss threat to Trump’s tax bill from Elon Musk
Top Republicans have brushed aside concerns that Donald Trump’s landmark tax bill risks being derailed by his extraordinary ...