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US monthly budget deficit falls as Trump tariffs boost customs receipts
The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...
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Trump promised to end Social Security taxes; Here's why the House bill doesn't
During his 2024 campaign, Trump vowed to eliminate taxes on Social Security benefits for seniors. Yet, the House's domestic ...
Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...
'Not a big fan': GOP senator criticizes Trump military parade, says it 'glorified weapons'
Sen. Rand Paul criticized the June 14 military parade, arguing that it was too expensive and “glorified” weapons.
Trump Megabill Would Expand Deficits by $2.4 Trillion, CBO Estimates
The number underlines Republicans’ challenges in selling the measure as fiscally sound and comes as GOP senators are making ...
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CBO: Trump's Tax Package Creates $2.4T Deficit Hole, Strips Insurance From 11M
Congressional budget experts project Trump's comprehensive tax legislation will generate substantial deficit increases while ...
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Breaking down Trump’s ‘Big Beautiful Bill’ and its impact on the deficit and national debt
The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what ...
Trump officials delayed farm trade report over deficit forecast
Administration officials blocked publication of written analysis that normally accompanies the report because they disliked ...
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Governor Newsom Criticizes Trump's Public Safety and FEMA Budget Cuts Amid Expensive Birthday Celebrations in Los Angeles and Washington D.C.
Governor Newsom criticizes Trump's proposed cuts to public safety funding, highlighting the potential harms to community ...