O N JULY 1ST, after 27 hours of non-stop voting and debate, America’s Senate passed the One Big Beautiful Bill Act (OBBB), ...

The analysis below has been updated based on our understanding of the final changes to the Senate-passed bill; our estimates ...

President Donald Trump’s One Big Beautiful Bill Act, now working its way through Congress, permanently extends tax cuts ...

The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add ...

Proponents of the current policy baseline method say it offers a more realistic picture of how the tax cuts will affect the ...

This year’s projected budget deficit of $1.9 trillion is already likely to reach more than 6% of economic output, a threshold crossed previously only during World War II, the 2008-09 financial ...

The Wall Street Journal delivered more math, saying that the GOP “plan won’t reduce federal budget deficits and would make America’s fiscal hole deeper.” “The current proposal would increase projected ...

President Trump's massive tax and immigration bill will add $2.4 trillion to the deficit through 2034, according to the ...