By Suzanne McGee (Reuters) -Investors are fearing that projections for the U.S. debt mountain could increase further when a ...

On May 22, 2025, the House of Representatives cleared a major reconciliation hurdle, advancing its version of a 2025 Fiscal Year (FY2025) ...

The Senate returns next week to take center stage in the debate over the one big, beautiful bill, after a couple months where ...

Sen. Dave McCormick (R-Penn.) joins 'Squawk Box' to discuss the deal between U.S. Steel and Japan's Nippon Steel, structure ...

I do love lower taxes, of course. But nothing is free. And the benefit of lower taxes will likely be offset by the higher ...

PROPOSED legislation to introduce major cuts in both tax and spending in the United States have been criticised by the ...

The fiscal impact of President Trump’s “big, beautiful bill,” which one prominent budget hawk called a “debt bomb,” is becoming a significant political concern among Republican ...

Pa. Democratic U.S. Sen. John Fetterman, left, said he would oppose the "One, Big, Beautiful Bill" passed by the ...

Beyond the 2017 tax cuts, the bill includes no taxes on tips for workers in the service industry. It imposes curbs on Medicaid and raises cap on State and Local Tax Deduction ...

A wide-ranging tax bill — dubbed the “big, beautiful bill” by U.S. President Donald Trump — could upend decades of favourable ...