Donald Trump’s "One Big Beautiful Bill Act" will slash the household resources of the poorest Americans by about $1,600 while boosting the wealthiest households by roughly $12,000, the Congressional Budget Office said in a distributional analysis released Thursday.

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Lawmakers in Washington, D.C., are one step closer to making President Donald Trump's 'One Big Beautiful Bill' federal law. Rural communities in Oklahoma could feel the biggest punch if the legislation is passed.

The 'One Big, Beautiful Bill' proposes the accelerated expiration of the EV tax credit. Tesla could see a massive hit if the spending bill passes.

But there is one financially sound reason Trump chose to break this popular promise and leave "no tax on Social Security" out of the One, Big, Beautiful Bill: It would have substantially worsened the program's long-term outlook.

President Trump's "One Big Beautiful Bill" aims to end taxpayer-funded healthcare for undocumented immigrants, sparking controversy amid immigration tensions in Los Angeles. The bill proposes increased ICE agents,

The GOP senator who accused Donald Trump of being “very petty” after learning he was not invited to the White House picnic is “of course” welcome at the event, the president said Thursday. Sen. Rand Paul, R-Ky., is holding out on Trump’s “One Big Beautiful Bill” over concerns the legislation increases the country’s debt.

Congressional Republicans are laying the groundwork for a tax cliff at the end of President Trump’s term in office. While the conference is pushing to make the 2017 Trump tax cuts permanent, additional measures geared toward working-class Americans are being slated for expiration at the end of 2028.