The nonpartisan Congressional Budget Office (CBO) estimated that the Republican budget bill under consideration would trigger about $500 billion in automatic cuts to Medicare, the program that provides health insurance to around 68 million older adults and people with disabilities.

Some $500 billion in cuts to Medicare could be avoided if Congress instructs the White House budget office to disregard the reconciliation package’s debt impact.

As the House Rules Committee reached its ninth hour of debate, Republicans had still not reached a deal or finalized bill text to bring to the floor.

To attract buyers for the bonds that will finance that deficit, the federal government will have to pay higher interest rates.

House Republicans are preparing to vote on their multi-trillion-dollar package of tax breaks and program cuts as soon as Wednesday.

Speaker Mike Johnson (R-La.) and the White House are betting that the bill full of President Trump’s priorities is so big — and so “beautiful,” at least in the eyes of the president — that it

Arizona's Democratic lawmakers on Capitol Hill say they'll fight a Republican bill that would cut Medicaid funding.

Medicaid has become a key hot button topic in the sweeping tax and spending cuts bill that House Republicans are scrambling to pass as soon as this week.