Donald Trump’s "One Big Beautiful Bill Act" will slash the household resources of the poorest Americans by about $1,600 while boosting the wealthiest households by roughly $12,000, the Congressional Budget Office said in a distributional analysis released Thursday.

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.

Lawmakers in Washington, D.C., are one step closer to making President Donald Trump's 'One Big Beautiful Bill' federal law. Rural communities in Oklahoma could feel the biggest punch if the legislation is passed.

The 'One Big, Beautiful Bill' proposes the accelerated expiration of the EV tax credit. Tesla could see a massive hit if the spending bill passes.

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.

President Trump's "One Big Beautiful Bill" aims to end taxpayer-funded healthcare for undocumented immigrants, sparking controversy amid immigration tensions in Los Angeles. The bill proposes increased ICE agents,

The Congressional Budget Office says highest earners will benefit most from the so-called "One Big Beautiful Bill." Here's how and by how much.

Congressional Republicans are laying the groundwork for a tax cliff at the end of President Trump’s term in office. While the conference is pushing to make the 2017 Trump tax cuts permanent, additional measures geared toward working-class Americans are being slated for expiration at the end of 2028.