At the center of the sweeping bill is trillions in tax cuts, which Republicans aim to partially offset through changes to safety net programs like Medicaid and SNAP.

Once the legislation clears the committee, lawmakers plan to vote on it as soon as this evening or tomorrow morning. They can lose only three Republican votes and still get it across the finish line.

President Trump’s tax-and-spending cut bill centers on an extension of his previous round of tax cuts, which Republicans ...

House Republicans are trying to secure passage of President Trump’s tax breaks, spending cuts and beefed-up border security ...

According to a 2022 CBO report, the baseline household income for Americans in the lowest tenth of the distribution is $32,200, after taxes and transfers. That figure increases to $444,600 for ...

A large tax cut, as well as more money for defense and immigration enforcement, would be financed by slashing health, ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

More than an estimated 8 million recipients could lose Medicaid coverage, according to a CBO analysis requested by House Democrats. Republicans say they're targeting able-bodied adults and ...

A key committee worked through the night on the legislation as Republican leaders sought agreement from various party ...

The bond market is staring at President Trump's "big beautiful" tax bill and getting concerned that the bill will raise the ...

If passed into law, the bill would push 7.6 milion people off Medicaid, according to the Congressional Budget Office. Cuts and new conditions for SNAP food aid would save $300 billion over ten years.

Clean energy now employs more Americans than oil and gas, driven by the Inflation Reduction Act. Repealing the IRA would slash jobs, raise energy costs, and hinder U.S. competitiveness. Congress ...