Democrats repeatedly slammed the package as a giveaway to the wealthy at the expense of benefit programs like Medicaid and ...

The 389-page bill includes numerous tax provisions, including a top individual income tax rate of 37%. An AICPA statement ...

Congressional Republicans need to act for a few reasons. First, many of the tax cuts passed in 2017 under the first Trump ...

The debt-ceiling "X date" for when the U.S. is expected to run short on funds unless Congress acts to raise the debt limit ...

The House Ways and Means Committee released the text of the "one, big, beautiful" budget bill, which included much of the ...

House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to ...

For decades, economists have debated how much debt a rich country can safely shoulder. We know there is a fiscal limit beyond which the old trick of “waiting until tomorrow to cut spending ...

Take note that balance transfer cards often set maximum limits on the amount of debt you can transfer (either a percentage of your total credit limit or a set dollar amount), and you can't ...

For debt of any kind to be manageable ... Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly ...

He added that he was more concerned about when the debt limit expires later this year. “That is a hard deadline for us,” Thune said. Bessent’s July 4 timeline puts additional pressure on ...

Next year, the budget deficit is expected to reach 2.8%, just below the European Union’s 3% limit, before falling again in subsequent years. The national debt is also set to increase, from 43.4% of ...

Higher revenues from tariffs mean Wall Street analysts have pushed back their expectations for when the US government will run out of money under the debt ceiling. The so-called X-date ...