Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,

A new US bill proposes a 5% tax on money sent from the US to other countries. This targets non-citizens and foreign nationals. It could impact countries like El Salvador, Honduras, and Guatemala. Mexico opposes the tax,

U.S. Rep. Richard Neal, D-1st District, wants to drive home the fact that the bill boosts the rich at the expense of middle- and low-income earners.

House Speaker Mike Johnson (R-LA) vowed that House Republicans will not squander their slim majority, expressing optimism they will advance President Donald Trump’s agenda. He urged his fellow lawmakers to unify and advance the president’s “one big,

The infamous “nonprofit killer” provision quietly disappeared from Donald Trump’s "Big, Beautiful Bill" as it winds its way through Congress.

Deficit hawks who had blocked the measure two days earlier are still dissatisfied and want steeper spending cuts.

House Freedom Caucus members threw some sand in the gears by blocking the reconciliation bill and demanding deeper spending cuts.