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The Congressional Budget Office reported the House’s version of the "big, beautiful bill" would add $6 trillion to the debt, then the Senate version was projected to add $3.3 trillion.
The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.
Republicans' sweeping spending bill has passed Congress and is now heading to President Donald Trump's desk for signature.
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Summers called the legislation a "shameful act by our Congress and by our president that is going to set our country back.” ...
President Donald Trump has signed his $3.4 trillion budget bill into law, enshrining an extension of tax cuts, temporary new ...
Of the $16.4 billion annual Medicaid costs for Louisiana, state taxpayers kick in about $3 billion, according to the ...
After the U.S. Senate voted to pass the "Big Beautiful Bill," rumors circulated about the consequences of deep cuts to ...
After a tumultuous day, an overnight cliffhanger of a vote and a record-breaking speech, Republicans managed to wear down ...
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