Estimates from the Congressional Budget Office, released Thursday, offer a detailed view into the effects on income groups.

MORE: 5 possible changes that could hold up Trump's 'big beautiful bill' in the Senate "This will be, if we can get the Big ...

Treasury Secretary Scott Bessent's toughest negotiating partner is Congress, and the contest is his race to finance the ...

The Trump administration escalated its anti-immigrant campaign by promoting a poster calling on Americans to report “all ...

Americans who depend on food stamps to help them buy groceries could see their benefits slashed if Congress passes President ...

The Congressional Budget Office says the highest earners would benefit most from the "One Big Beautiful Bill." Here's how and ...

U.S. Sen. Josh Hawley (R-Missouri) introduced a bill Tuesday with U.S. Sen. Peter Welch (D-Vermont) to raise the federal ...

An intriguing thing has been happening in Washington. After years — decades, really — when concerns about the growing federal ...

It’s a problem that the senator accused the budget office of being wrong about things that happened before its existence, but that’s not all.

Economists still debate the impact that the 2017 budget had on the deficit. Democratic Sen. Amy Klobuchar said she believes ...

The top 10% of earners in the U.S. would see the biggest gains under the GOP tax and spending package, according to ...

New CBO analysis shows Trump megabill reduces “resources” for poorest households by about $1,600 per year while households in the top 10% would see gains of $12,000.