Treasury bond yields have crept up as Wall Street wonders if either party is capable of improving the nation's fiscal ...

Deficits The Inflation Reduction Act Won't Meaningfully Address the Budget Deficit Congress has added $2.4 trillion to the long-term deficit since President Joe Biden took office.

The Congressional Budget Office said the Senate version of the One Big Beautiful Bill Act will add some $3.3 trillion to ...

The Trump White House claimed Wednesday that the Senate version of the One Big Beautiful Bill Act will reduce the federal deficit by between $2.1 trillion and $2.3 trillion over the next decade — ...

The first lesson is that ideas really do matter. This legislation did not happen because the public or lobbyists were ...

Pence was a U.S. representative from Indiana in 2005 when he voted for the Deficit Reduction Act, which then-President George W. Bush signed. The U.S. last reduced its debt on a sustained basis ...

Republicans managed to pass Donald Trump’s One Big Beautiful Bill Act – but few people seem to really be happy about it. A ...

Democrats say the new bill, dubbed the Inflation Reduction Act, aims to live up to its name and fight inflation, in part, by reducing the deficit.

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...

The House July 3 voted 218-214 to pass the final version of the One Big Beautiful Bill Act (H.R. 1), which enacts many of ...

Examples include the George W. Bush-era tax cuts; the Deficit Reduction Act of 2005; the Health Care and Education Reconciliation Act, which implemented many of the provisions of the Affordable ...