The One Big Beautiful Bill Act, passed by the House, could add $2 trillion to the deficit, sparking debate among Republicans and criticism from Elon Musk.

Office of Management and Budget Director Russ Vought issued a stark warning Wednesday during a House Appropriations Committee hearing, saying the United States could face a recession and steep tax hikes if President Donald Trump’s “big,

Senate Republicans seek to make President Donald Trump's 2017 tax cuts permanent while Democrats push for a ruling from the Senate Parliamentarian as the chamber weigh's Trump's legislative agenda bill.

Only six months into the job, Senate Majority Leader John Thune faces a massive challenge as he tries to quickly pass President Donald Trump’s sprawling tax and spending cuts package

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state Republicans.