HOUSE OF REPRESENTATIVES

House Republicans are introducing a bill to codify former President Trump's campaign pitch to stop taxing tipped wages for service industry workers.

The Congressional Budget Office projected that the federal deficit is expected to reach nearly $2 trillion this year in a newly released update to 10-year budget estimates.

While Social Security recipients received a 3.2% cost-of-living adjustment in 2024, retirees say they are still struggling financially, a new survey shows.

Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025, according to a new analysis, as inflation shows signs of moderating.

The chief actuaries for Social Security and Medicare testified before the House Budget Committee about the two programs' looming insolvency roughly a decade from now.

Vista Outdoor, which makes Remington guns, is selling its ammunition business to a foreign entity. Not everyone is happy about a deal that could have national security repercussions.

The majority of workers and 74% of retirees believed they will have enough money to live comfortably throughout retirement, according to the The Employee Benefit Research Institute and Greenwald Research survey.

Some Social Security recipients will miss a payment in June, but it doesn't mean retirees are receiving less money — it's due to a quirk in the system.

The rising national debt is projected to slow American households' income growth, with higher levels of debt shaving off about one-third of those gains, a new report finds.

With the 2024 presidential election looming, forecasts showing federal budget deficits and the national debt continuing to grow have bond investors on edge as fiscal risks increase.

The House of Representatives voted to pass a bill blocking the Federal Reserve from creating a central bank digital currency.

A bipartisan bill supported by Reps. James Comer, R-Ohio, and Katie Porter, D-Calif., would compel presidents to offer years of tax filings and force family members to be similarly transparent about their finances.

The Seniors Citizens League estimates that Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025 as inflation gains steam.

A pair of House Republicans are asking the U.S. Treasury to investigate a German corporation's acquisition of a top global advisory firm.

Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.

The annual Social Security trustees' report this week said the Old-Age and Survivors Insurance trust fund is on track to reach insolvency in 2033.

Warren Buffett said at Berkshire Hathaway's annual meeting he thinks the federal government will look to increase taxes to address widening budget deficits rather than cut spending.

Social Security recipients will receive two checks this month, but it doesn't mean retirees are receiving extra money – it's due to a quirk in the system.

The latest Social Security cost of living adjustments (COLA) jumped considerably after a spike in inflation last month, according to one estimate.

Republican Congressman Brian Mast of Florida on Tuesday sent a letter to the FTC urging the commission to probe Chinese e-commerce site Temu's alleged CCP ties.