Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.

The decades following World War II were broadly prosperous, but conditions began changing in the 1970s. Class inequality has increased enormously since then, according to government data, while income ...

Rep. Brad Finstad dismisses fears that the bill will add trillions in red ink as false Democratic talking points.

President Donald Trump signed into law last week a sweeping package of tax cuts and spending cuts, which passed the Senate and House with narrow majorities and no Democratic support. As is his ...

President Trump’s newly passed One Big Beautiful Bill Act will, by most conventional estimates, add trillions to America’s ...

President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...

This is the most deeply immoral piece of legislation I have ever voted on in my entire time in Congress,” declared Senator Chris Murphy,(D-CT) after last week’s passage of Trump’s ...

Conventional wisdom holds that ever-increasing debt relative to gross domestic product is unsustainable, though another line of argument holds that fears about the hole the US is in are overblown.

Having the Air Force fly a B-2 bomber overhead during a signing ceremony for a budget bill would have in a different time ...

“Depending on your perspective, this bill contains either a number of Easter eggs or a number of Trojan horses for ...

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...

"With their blind willingness to concentrate power in the president while generating massive deficits that will topple our ...