Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America’s debt pile.

And private-sector economists broadly agree the legislation, which adds new benefits to an extension of the 2017 income-tax reductions, will be a growth booster.Trouble is, Trump is also raising taxes — on imported goods.

U.S. stock index futures slipped and Treasury yields surged on Wednesday as investors awaited the outcome of a pivotal debate around U.S. President Donald Trump's tax-cut bill that has fanned concerns about the country's growing debt.

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,

Billy Long, President Donald Trump's nominee to lead the IRS, answered Senate Finance Committee questions on Tuesday. Here's what to know.

The U.S. dollar fell on Wednesday, extending a two-day slide against major peers, as President Donald Trump failed to convince Republican holdouts to back his sweeping tax bill. Traders were also wary of U.

Billy Long, President Donald Trump’s nominee for IRS commissioner, minimized his role in selling tax credits that the Treasury Department and IRS claim do not exist and expressed a willingness to cooperate with any investigation into the matter.

Watchdog calls on Justice Department to launch investigation into whether U.S. attorneys from New York, who are supposed to be representing the DOT, acted to intentionally undermine the Trump admin's case to end NYC's driver tax,