Yields on government debt have risen as Congress weighs Trump’s budget plan. Meanwhile, interest on the debt is approaching $1 trillion a year – on par with proposed Defense spending.

The U.S. House Rules Committee, after 22 hours of proceedings, advanced President Donald Trump's legislative agenda that experts say would add $3 trillion to the federal deficit and negatively affect

Defying opposition from within his party’s ranks, House Speaker Mike Johnson insisted late Wednesday that Republicans would march ahead on their

President Donald Trump clashed with NBC’s Peter Alexander after being asked about the $400 million jet from Qatar during a meeting with South Africa’s president. Trump called him a “bad reporter” and said he “ought to be ashamed” of himself. Sen. Rand Paul, R-Ky., discusses economic policy and spending on 'Kudlow.'

The GOP’s partisan budget will cut Medicaid, Medicare, and food assistance programs, like SNAP, to pay for a tax-cut for the ultra-wealthy…,” the delegation said.

() - Democrats representing Arizona in Congress are pointing to a new report as proof that people would lose health insurance under a reconciliation budget package from Republicans. The Joint Economic Committee Minority said 300,

The Congressional Budget Office warned Tuesday that Donald Trump’s proposed One Big Beautiful Bill Act would increase the federal deficit by $3.8 trillion through extended tax cuts. It would also slash Medicaid and SNAP funding by $965 billion.

An analysis of President Trump's spending bill shows the lowest earners could see a 2% income loss by 2027, while the highest earners may gain 4% from tax breaks.