The House votes in favor of "big beautiful bill." If bill passes Senate, some will see tax cuts and millions could lose Medicaid coverage.

The cost for a 30-year fixed-rate mortgage crept up to levels not seen since February, reflecting bond market fears over Trump’s plan to pay for tax cuts with an estimated $3.8 trillion in new debt. “Trump and Republicans are directly responsible for the spike in the 30-year Treasury bond yield and mortgage rates,

Investors are fearing that projections for the U.S. debt mountain could increase further when a sweeping tax and spending bill goes through the Senate, with the risk that bond yields stay higher for longer.

President Trump’s top legislative priority was a victory for him and for Speaker Mike Johnson, who kept the president’s trust throughout tricky negotiations.

Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.

Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President Donald Trump’s sprawling, multi-trillion-dollar tax and spending package.Republican congressional leaders attached an increase in the US legal debt limit to the president’s signature economic legislation.

The carried interest loophole refers to a provision in the U.S. tax code that allows investment fund managers, like private equity executives, to pay a lower tax rate than normal,

The Senate passed the No Tax on Tips Act, a key element of Trump's tax cut plan, with bipartisan support despite concerns over its $10 billion annual price tag.