The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...
FEMA officials are two months behind in posting grant application guidelines, which are expected to reflect President Trump’s demand for cooperation on his priorities. By Benjamin Oreskes Since the ...
The sweeping Republican bill to enact the core elements of President Trump's domestic policy agenda would add $2.4 trillion to deficits over the next decade while forcing millions to lose health ...
Congressional forecasters say President Trump's tariffs could raise trillions of dollars over the next decade — if they remain in place — more than offsetting the additional red ink that's projected ...
Caitlin Yilek is a politics reporter at CBSNews.com, based in Washington, D.C. She previously worked for the Washington Examiner and The Hill, and was a member of the 2022 Paul Miller Washington ...
Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says
Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. The U.S. Capitol in Washington, Aug. 3, 2020. (AP ...
WASHINGTON (AP) — President Donald Trump's big bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits by $2.4 trillion over the next decade, according to an ...
The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside the G.O.P. about the fiscal consequences of its bill to enact President ...
The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act (OBBBA) today, projecting that the bill would add over $2.4 trillion to primary ...
Note: (06/23/2025) Some categorizations and numbers in the Ways and Means' section of the table below have been updated to more accurately reflect the bill's potential impact. The House of ...
Harvard University’s finances have become the latest target of the Trump administration – and experts say the hits could hurt. More than $2.2 billion in federal grants and contracts have been frozen ...
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