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Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
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Trump’s tariff strategy could pay for his tax bill, but only if they stick, experts warn
NEWYou can now listen to Fox News articles! The White House and congressional Republicans have said that President Donald ...
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CBO Forecasts Tariffs to Shrink U.S. Economy by 2035
The Congressional Budget Office (CBO) has released a report projecting that current tariffs could lead to a 0.6% contraction ...
Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty
While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the ...
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Federal debt would be reduced with tariffs: A solution for the deficit?
The 'One Big Beautiful Bill Act' proposed by President Trump aims to make permanent the 2017 tax cuts, sparking debate over ...
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CBO says Trump tariffs would modestly reduce national debt, slow economic growth
A Congressional Budget Office analysis finds President Trump's tariff policy could reduce the federal deficit by $2.8 trillion over the next 10 years, at the cost of shrinking the U.S. economy.