Alabama U.S. Rep. Terri Sewell, D-Selma, took exception to Treasury Secretary Scott Bessent saying her constituents were ...

The ambitious legislative proposal by President Trump, known as the H.R. 1 or 'The One Big Beautiful Bill Act,' has sparked ...

"The Debt Limit should be entirely scrapped to prevent an Economic catastrophe. It is too devastating to be put in the hands ...

The CBO estimated last week that the tax-and-spending cuts package would increase deficits by $2.4 trillion over 10 years.

Sir, I think it could set off a financial crisis, the likes of which we have not seen since ’08, ’09,” he said during a House ...

Treasury Secretary Scott Bessent is on Capitol Hill testifying before the House Ways & Means Committee hearing.

The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet that higher, experts say.

As Republican senators seek to incorporate their wishlist items into the One Big Beautiful Bill Act, dozens of their colleagues in the House have pledged that they won’t support a final product that ...

Clear Start Tax Warns That Hitting $10,000 in IRS Debt Can Trigger Serious Consequences – Including Passport Restrictions and ...

President Trump lowered the tax rate on corporate profits in his first term and wants those rates extended in a bill ...

Concerns about the national debt from Elon Musk and some Republican lawmakers is complicating the path to passage for Trump's "One Big Beautiful Bill Act." ...

Republicans frequently rant about our government’s massive debt, especially when Democrats are in power. They have a point.