The new numbers represent a $4.5 trillion decrease in tax revenues and a $1.2 trillion cut in spending through 2034.

The CBO score for the so-called One Big Beautiful Bill reflects a $4.5 trillion decrease in revenues and a $1.2 trillion decrease in spending through 2034, relative to a current law baseline.

The Utah Republican announced the decision in a social media post, ending a weeks-long battle over the measure that had sparked widespread public opposition.

MAGA supporters are outraged that the Senate parliamentarian is dictating what the Republican-controlled Senate may include ...

A group of Republican lawmakers penned a letter to U.S. Sen. Joni Ernst asking her to remove a tax credit incentivizing carbon sequestration from the budget reconciliation bill.

Eradiri, in a statement on Sunday, also urged Fubara to persuade PDP governors to withdraw the Supreme Court suit filed ...

A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of ...

The Senate parliamentarian previously ruled that most of the proposals aimed at cutting federal employees’ retirement ...

President Donald Trump has drawn a red line, and it's a warning to Congress to not vote against him on the budget ...

The Congressional Budget Office (CBO) projects that the tax piece of President Trump’s “big, beautiful bill,” a core component of his agenda, would add to deficits after 2034, the end of the ...

The Senate on Saturday night moved to advance the budget reconciliation bill formally known as the One Big Beautiful Bill Act ...