Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald Trump, ...

ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.” ...

Protesters gathered in Richmond to rally against President Trump's new bill that cuts Medicaid funding while increasing ...

ABC News’ Senior White House Correspondent Selina Wang reports on the economic impact of the new tax and spending bill.

House Speaker Mike Johnson (R-LA) snapped at Fox News host Shannon Bream after she told him that President Donald Trump's so-called One Big Beautiful Bill was a net negative for Americans.

In the classic Schoolhouse Rock song “I’m Just a Bill,” the bill laments the prospect of waiting with other bills, hoping to ...

President Donald Trump has signed his tax and spending bill into law after Republicans muscled it through Congress.

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...

The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder ...

President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary ...

GOP tax bill could hurt the poorest households more than it helps them Cuts to Medicaid and anti-poverty programs wipe out gains low-income households could see from policies like no taxes on tips ...