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That's a slight increase compared with a prior estimate from the Congressional Budget Office that had been made just before Republicans made final tweaks to get the legislation passed.
President Donald Trump’s recently enacted tax and spending law will add $3.4 trillion to US deficits over a decade and leave millions without health care coverage, according to a new estimate from the nonpartisan Congressional Budget Office.
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results.
A higher threshold for property tax deductions and the ability to deduct mortgage insurance costs are two big wins for Texas homeowners following the passage of President Trump's "Big Beautiful Bill," according to Paul Epperley,
She said she was constantly cobbling together child care plans when her nanny fell through, to "not be the person who kept calling out" at work. Foster's husband is a physician and she describes her family as middle to upper class.
The sweeping tax and spending cuts package that President Donald Trump signed into law on July 4 is expected to leave 10 million more people without health insurance in 2034, according to a Congressional Budget Office estimate released Monday.