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The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
The bottom 10% of households would lose an average of about $1,600 in resources per year, the office's analysts say.
Their comments were an unusually public display of ambiguity towards a piece of legislation that the GOP caucus voted to ...
Trump’s Big Beautiful Bill could push US debt into dangerous territory. Here’s why Bitcoin may be the last defense against ...
Governor backs president’s sweeping tax-and-spending bill even as it threatens economic engine he helped build.
The cuts to the lowest-income households come from proposed cuts to social safety net programs including Medicaid and SNAP.
But Valadao, along with Fong and the other GOP colleagues, are playing with political fire. According to a new analysis by ...