The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...

Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the ...

President Donald Trump’s tax and spending law will result in less income for the poorest Americans while sending money to the ...

Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...

Some 2.4 million fewer Americans, including families with children, are forecast to receive food stamps benefits in an ...

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest earners the most, according to an analysis released Monday by ...

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to ...

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people ...

The sweeping tax and spending cuts package that President Donald Trump signed into law on July 4 is expected to leave 10 ...

An analysis of Donald Trump’s tax and spending act issued Monday by the nonpartisan Congressional Budget Office (CBO) confirms that the measure, signed into law last month, transfers trillions of ...