President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

Overall, the Republican tax bill, known as the One Big Beautiful Bill Act, would add $2.3 trillion to the deficit over 10 years, according to the CBO.

So, if the tax bill is enacted and would increase deficits by an estimated $1.5 trillion over 10 years, OMB would have to order spending reductions for fiscal 2018 of $136 billion, CBO estimated.

The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.

The big tax bill signed into law by President Donald Trump has won big kudos from national organizations as a win for workers ...

An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund depletion, potentially triggering benefit cuts in 2032.

Lawmakers have a plan to boost Social Security payments by $2,400 per year 01:19. Senate Democrats want to raise taxes on some high earners and use the money to extend the solvency of Medicare ...

Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...

The Senate Parliamentarian reversed course on a small provision in the One Big Beautiful Bill Act that could boost cures for rare diseases.