Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.

More than an estimated 8 million recipients could lose Medicaid coverage, according to a CBO analysis requested by House Democrats. Republicans say they're targeting able-bodied adults and undocumented immigrants, but other beneficiaries could also be impacted.

The bill attempts to combine several priorities in Trump's legislative agenda with a clear emphasis on tax cuts.

The House of Representatives is weighing a Republican-backed plan to make sweeping changes to U.S. fiscal policy. In short, the bill extends the expiring portions of the 2017 tax cut bill and provides a shot of near-term fiscal stimulus in the form of additional,

Republicans advanced a major tax cut and border security package through a House committee, overcoming internal deficit concerns with minor spending cut modifications. The bill faced opposition due to its potential deficit impact and delayed enforcement of new Medicaid work requirements,

As written, the reconciliation bill being considered in the House of Representatives is set to increase the debt by $3.3 trilli

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.