What will no taxes on tips cost in foregone tax revenue?
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.
Federal Reserve governor warns US deficit 'not sustainable' as Treasury bond demand weakens
Federal Reserve Governor Christopher Waller said markets are demanding higher Treasury yields due to concerns about tax cuts widening the federal budget deficit.
Larger tax-cut proposal not enough to offset drag on growth from tariffs: Goldman Sachs
A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth from tariffs will offset that gain.
Rep. Chip Roy: Congress needs to 'step to the plate' on addressing what is 'ramping up deficit'
House Budget Committee member Rep. Chip Roy, R-Texas, lays out his problems with parts of President Donald Trump's 'big, beautiful bill' on 'The Bottom Line.'
Moody's downgraded US credit rating: What does that mean?
Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.
Charles Payne: The media's 'sell America' narrative is in overdrive
'Making Money' host Charles Payne criticizes the financial media's 'anti-American messaging' and pessimistic view of the U.S. economy.
Trump tax cuts are good, but the cost is another thing: Rep. Ralph Norman
Rep. Ralph Norman, R-S.C., discusses what President Donald Trump's tax bill accomplishes on 'Making Money.'
Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.
Moody's downgrades US credit rating over rising debt
Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising government debt as causing the move.
Trump's tax bill mission is to decrease the velocity of spending: Rep. Byron Donald
Rep. Byron Donald, R-Fla., analyzes President Donald Trump's proposed tax legislation on 'Varney & Co.'
GOP lawmaker warns the US deficit is at 'critical level,' cannot afford to be raised
Rep. Andy Harris, R-Md., explains why he still supports the millionaire tax bracket idea and weighs in on the debate over the SALT cap.
Trump's UK trade deal is the 'first of many' wins for the US, congressman says
Rep. Dan Meuser, R-Pa., discusses whether President Donald Trump's trade agreement with the United Kingdom will help him pass his tax cuts on 'Varney & Co.'
Trump's economy could be gearing up for a 'big, big boom,' economist says
Former Trump economic advisor Stephen Moore discusses the risk of recession and whether President Donald Trump's tariffs will be permanent on 'Varney & Co.'
Trump is defunding Biden's 'woke and weaponized' bureaucracy, OMB director says
Office of Management and Budget Director Russell Vought breaks down President Donald Trump's 'filibuster-proof' budget on 'Making Money.'
Charles Payne: We're sleepwalking to the end of the grand American experiment
'Making Money' host Charles Payne discusses America's ongoing debt problem.
Trump trade deal announcements could be 'big tailwind' for markets, investors says
Pacer ETFs Distributors President Sean O'Hara discusses how President Donald Trump's tariffs are impacting markets on 'Mornings with Maria.'
Amid recent market turmoil, who owns US Treasuries?
Treasuries have historically served as a key safe-haven asset for investors, including foreign governments, while also helping the federal government finance its growing debt.
Trump tax cuts must be permanent based on current policy, senator says
Sen. Marsha Blackburn, R-Tenn., discusses whether Republicans can unify to pass President Donald Trump's tax cut bill on 'Varney & Co.'
Chuck Schumer is 'indirectly' benefiting from this deficit, says CEO
'Open the Books' CEO John Hart gives his take on Elon Musk and Senate Minority Leader Chuck Schumer's, D-N.Y., social media fight on 'The Evening Edit.'
Trump reportedly open to raising taxes on wealthy Americans
Sen. James Lankford, R-Okla., discusses China tariffs and President Donald Trump's new plan to tax the rich on 'Varney & Co.'