Here is what President Donald Trump's massive tax and spending bill could mean for the U.S. economy and your finances.

The One Big Beautiful Bill Act loosens fiscal policy; the Fed will need to decide whether to tighten in response ...

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...

Tesla CEO Elon Musk has a stark warning for Americans. “Congress is making America bankrupt,” he wrote in a June 3 post on X.

It has been six months since Donald Trump began his second term as US president. In that time he has shaken trading relations ...

WGLT and public broadcasters across the country are assessing an uncertain future after Congress voted after midnight Friday ...

Only a few Democrats broke ranks to support the House's spending plan for Defense Department operations in fiscal 2026.

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...

An agency-by-agency look at how President Donald Trump and his advisors plan to dramatically shrink the federal government.

The charts below explain the cuts’ effects. In 2023 America spent $80bn on foreign aid, including money for humanitarian ...

President Trump’s new spending bill will increase federal deficits, adding to a debt load that’s already grown more than 50% since 2020.