Treasury Secretary Scott Bessent said that there are a number of different assessments of the deficit impact of Republicans’ signature tax-cut bill, and that his own expectation is it will shrink borrowing over a decade.

U.S. President Donald Trump's tax and spending bill would make it harder for American critical minerals companies to compete with China because it eliminates a tax credit for boosting domestic production of nickel,

The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget