The bottom line: Passage of the rescissions package is another win for Trump as he nears the six-month mark of his second term. Fiscal hawks in the GOP may celebrate the spending cuts codifying DOGE’s ...

In a research note, Brusuelas said the data is consistent with an increase in the overall inflation rate to a range between 3 ...

Good evening. The Senate's rules referee sent Republicans scrambling today by determining that critical elements of their big bill don't meet the strict rules surrounding the reconciliation ...

Senate Republicans Scramble to Address Challenges to Their Megabill Senate Republicans are scrambling this week to finalize and pass the bill containing much of President Trump's legislative ...

The sweeping Republican tax-and-spending bill that would deliver on much of President Donald Trump's agenda would increase deficits by about $2.8 trillion over 10 years, once its economic effects ...

Good evening! On this date 95 years ago, President Herbert Hoover signed the Smoot-Hawley Tariff Act, raising tariffs on thousands of imported goods in a bid to protect domestic jobs and ...

Good evening. Here's what we were watching today while enjoying the image of the pope wearing a White Sox cap. House Republicans Vote to Claw Back $9.4 Billion in Funding for Foreign Aid, PBS and ...

The Congressional Budget Office estimates that the Republican reconciliation bill currently under consideration in the Senate will add nearly $3 trillion to the national debt over the next 10 ...

Consumer sentiment surged in June, according to a preliminary reading in a survey by the University of Michigan — the first improvement in six months, suggesting American shoppers enjoyed a ...

Good evening and welcome to what promises to be an eventful weekend. On Saturday, the U.S. Army will commemorate its 250th anniversary with a festival, fireworks display and military parade in the ...

House Republicans Vote to Claw Back $9.4 Billion in Funding for Foreign Aid, PBS and NPR House Republicans on Thursday narrowly passed a White House request to claw back $9.4 billion in approved ...

Treasury Secretary Scott Bessent defended President Trump’s tax and trade policies in the face of intense Democratic questions at a Thursday hearing of the Senate Finance Committee, telling ...