A key House committee advanced President Donald Trump’s giant tax and spending package after Republican hardliners won ...

Japanese Prime Minister Shigeru Ishiba rebuffed calls for tax cuts saying that the nation’s financial conditions are worse ...

House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Rep. Jennifer McClellan warned that the proposed tax cuts in GOP budget proposals would hurt millions of Americans who rely ...

WASHINGTON (Reuters) - Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit ...

Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit rating, as the Republican ...

The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its ...

The 37-member House Budget Committee convened for a crucial vote on Trump's "big, beautiful bill" that could determine ...

As the US and China came to an agreement to lower tariffs sharply this week, trade war uncertainty has, for now, subsided.

In a massive setback, House Republicans failed Friday to push their big package of tax breaks and spending cuts through the ...

The Republicans are honest about their reason for Medicaid cuts, which is to allow tax cuts for far wealthier people.