White House Office of Management and Budget director Russ Vought disputed the Congressional Budget Office's assessment that the "Big, Beautiful" budget reconciliation package will not reduce spending.

Fiscal hawk Ron Johnson stands firm against Trump's budget bill, contending it lacks substantial cuts while highlighting ...

BRIDGEWATER, N.J. — President Donald Trump is not backing off his battle with Elon Musk, saying Saturday that he has no ...

A Tax Limitation Balanced Budget Amendment (TLBBA) is proposed as a solution to control spending. President Trump’s “big, ...

The two powerful men's friendship has publicly unraveled. Here's how it happened, minute by minute.

The sweeping immigration and tax bill faces pushback from some GOP members over concerns about growing the national debt and changes to Medicaid. It's also receiving heavy criticism from Elon Musk, ...

At its core, the Republican “big, beautiful bill” is more than just an extension of tax breaks approved during President ...

I joined with more than 300 economists from universities, think tanks, and businesses across the country to convey a message ...

The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.

President Trump warned Saturday that his former ally Elon Musk will face “very serious consequences” if he starts bankrolling ...

Disputes among Republicans about parts of Trump's major tax bill threaten approval in the Senate and past compromises reached ...

The U.S. Federal Reserve's ability to steer the economy through interest rate adjustments depends on market confidence. If rates are rising due to runaway debt, the Fed may find itself forced to raise ...