Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher bond yields, and recession.

Estimates from the Congressional Budget Office, released Thursday, offer a detailed view into the effects on income groups.

Maine's legislature rejected a bill, LD 1134, on Thursday that would have kept biologically male trans athletes out of girls' sports and complied with Trump.

At least two Republicans said they were unaware of provisions in the bill they oppose, while Freedom Caucus demanded steeper cuts.

The House has passed bipartisan legislation aimed at cracking down on fentanyl. The bill approved Thursday permanently reclassifies analogs of the synthetic opioid fentanyl as Schedule I drugs, making it easier to prosecute drug traffickers for their possession.

Savers might soon be able to use popular plans for much more than college.

Both Democrats and Republicans exaggerate the impact of the bill's cuts on the Supplemental Nutrition Assistance Program.

The tax bill before Congress would partially exempt the U.S. Virgin Islands from a law meant to crack down on tax havens, after a lobbying campaign by the territory’s government and a large private credit firm that stands to benefit from the measure.