In a research note, Brusuelas said the data is consistent with an increase in the overall inflation rate to a range between 3 ...

The bottom line: Passage of the rescissions package is another win for Trump as he nears the six-month mark of his second term. Fiscal hawks in the GOP may celebrate the spending cuts codifying DOGE’s ...

The Senate on Wednesday kicked off a marathon round of votes on a White House request to claw back billions in funding for foreign aid and the Corporation for Public Broadcasting, which supports ...

President Trump on Monday promised to enact punishing new tariffs on Russia if President Vladimir Putin doesn’t agree to end his war against Ukraine. “We’re going to be doing very severe ...

Happy Monday! Now that President Donald Trump has signed into law his so-called big, beautiful bill, the fiscal focus shifts to tariffs, the spending bills needed to avoid a government shutdown ...

President Trump and Elon Musk have ramped up their on-again-off-again feud, with the tech mogul announcing that he has launched a new party, the America Party, after criticizing Trump’s tax and ...

Although the ink is barely dry on the massive tax and spending package that will add more than $4 trillion to the national debt over the next decade, some Republicans are calling for another major ...

Republicans’ “big, beautiful” bill is done, but Congress still has plenty of important fiscal legislation and related items to deal with before the end of the 2025 fiscal year on September ...

Scientists have warned that the Trump administration’s funding cuts threaten a broad range of research. Now, a new analysis finds that the president’s budget request would cut federal funding ...

President Trump announced a new batch of tariffs Wednesday, including a 50% levy on goods coming to the U.S. from Brazil. Trump cited the country's treatment of its Trumpian former president, Jair ...

With the Senate preparing to take up a request from the White House to claw back $9.4 billion in approved funding for foreign aid and public broadcasting, President Trump last night put the ...