WASHINGTON (AP) — The House has passed the massive tax and spending cuts package that President Donald Trump calls “beautiful ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

After an all-day, all-night marathon of intense pressure from the White House, the House Thursday passed and sent to ...

The House has passed the massive tax and spending cuts package that President Donald Trump calls “beautiful,” getting it to ...

This week, Senate Republicans unveiled legislation that would raise the debt limit by $5.1 trillion, higher than the $4 trillion increase that House Republicans voted for in their bill last month.

That stance has often led to standoffs over raising the nation’s borrowing cap, with Republicans insisting that any increase in America’s so-called debt limit be paired with spending reductions.

Are the debt limit’s days numbered? Trump and Warren hope so. By Jim Puzzanghera Globe Staff,Updated June 19, 2025, 6:03 a.m. 15 ...

President Trump signed the "big, beautiful bill" into law, extending the 2017 tax cuts and increasing funding for border ...

Sen. Elizabeth Warren, D-Mass., wrote that President Donald Trump was right about wanting to eliminate the debt ceiling, while still opposing the White House's large spending bill.

In fiscal 2024, the U.S. government paid $1.1 trillion in interest on its debt, surpassing defense spending and consuming 25% of government revenue, up from $659 billion in 2020.

Earlier Thursday, Musk began posting on the social media platform highlight Trump’s previous opposition to portions of the bill that involve the debt ceiling. “Wise words,” Musk wrote on his ...