News

Senate releases Trump tax and Medicaid blueprint
Senate Finance Committee Chair Mike Crapo (R-Idaho) on Monday released the Senate’s long-awaited version of President Trump’s tax agenda, which would make the 2017 corporate tax cuts permanent, ...
Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...
GOP can’t agree whether Trump’s bill would shrink, or grow, deficit
President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their ...
US monthly budget deficit falls as Trump tariffs boost customs receipts
The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...
Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says
President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by ...
Trump economist outlines case for business tax cuts, as GOP weighs bill
A top Trump official and two other economists published a paper outlining how business tax cuts boost economic investment as ...
Public Broadcasting Service (PBS)10d
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 ...
Trump Megabill Would Expand Deficits by $2.4 Trillion, CBO Estimates
The number underlines Republicans’ challenges in selling the measure as fiscally sound and comes as GOP senators are making ...
Trump bill would raise deficit by $2.4 trillion, leave millions uninsured, CBO says
Republicans' sweeping policy bill aimed at advancing President Trump's second-term agenda would increase annual budget ...
Deficit Politics Returns in Debate Over Trump Tax Cuts
The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders ...
Trump officials delayed farm trade report over deficit forecast
Administration officials blocked publication of written analysis that normally accompanies the report because they disliked ...
Tracking Trump: ICE protests expand to more cities; GOP split on Trump’s deficit impacts; a look inside presidential pardons; and more
Protests against immigration officers are spreading beyond Los Angeles. Trump’s immigrant crackdown now includes ICE ...