The bottom line: Passage of the rescissions package is another win for Trump as he nears the six-month mark of his second term. Fiscal hawks in the GOP may celebrate the spending cuts codifying DOGE’s ...

Senate Republicans Scramble to Address Challenges to Their Megabill Senate Republicans are scrambling this week to finalize and pass the bill containing much of President Trump's legislative ...

Good evening! On this date 95 years ago, President Herbert Hoover signed the Smoot-Hawley Tariff Act, raising tariffs on thousands of imported goods in a bid to protect domestic jobs and ...

Elon Musk says he’s “disappointed” by the costly new tax and spending package that House Republicans passed last week. In an excerpt from a new interview with “CBS Sunday Morning,” Musk ...

The sweeping package of tax and spending cuts passed by House Republicans last month would add $2.4 trillion to the deficit over 10 years and result in nearly 11 million people losing health ...

Happy Tuesday! The White House today sent Congress a long-anticipated package of $9.4 billion in approved spending it wants to see clawed back, including cuts to the State Department, the ...

The Congressional Budget Office will release a full cost estimate this week for the “One Big Beautifull Bill Act” passed by the House last month — but some top Republicans have already made ...

Happy Monday! As Congress returns to action this week, Senate Republicans will be looking to put their imprint on the budget reconciliation bill passed by the House. Lawmakers in the House ...

President Donald Trump announced Wednesday morning that a deal easing trade tensions with China is “done,” pending final approval from him and Chinese President Xi Jinping. In a post on his ...

Happy Friday! Here's your evening update to close out a wild week. As Trump and Musk Feud, Republicans Barrel Ahead on Tax Bill The aftershocks from Thursday's Republican-rattling public feud ...

Elon Musk, freshly departed from the Trump administration, lashed out on Tuesday against the Republican tax and spending package now in the Senate, calling it a “disgusting abomination” and ...

Happy Thursday! Here's what we're watching while waiting to see if the New York Knicks can extend their season. Trump's Sweeping Tariffs Temporarily Reinstated by Appeals Court After a U.S ...