Social Security is one of the biggest issues politicians in Washington must address in the next few years. Many retirees are feeling the pressure on their budgets due to rising inflation, despite automated cost-of-living adjustments for their monthly benefits.

Treasury Secretary Scott Bessent is on Capitol Hill testifying before the House Ways & Means Committee hearing.

Speaker Mike Johnson took clear sides Sunday in President Donald Trump’s breakup with mega-billionaire Elon Musk.

But there is one financially sound reason Trump chose to break this popular promise and leave "no tax on Social Security" out of the One, Big, Beautiful Bill: It would have substantially worsened the program's long-term outlook.

The White House's notion of offsetting tax cuts with a tax increase via tariffs, paid by consumers, is a conflicting one, complicating the GOP's messaging.

President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by $2.4 trillion over the decade and leave some 10.9 million more people without health insurance.

The US budget bill could impose a tax of up to 20% on US-sourced income received by foreign investors. The provision of the bill, which has raised concerns within the EU, is currently part of the ongoing negotiations on tariffs,

GOP Rep. Mark Green, chairman of the House Homeland Security Committee, announced Monday that he intends to leave Congress after the House votes again on President Donald Trump’s sweeping domestic policy package.