The U.S. House of Representatives' new fiscal package, backed by Donald Trump, introduces tax cuts and targeted measures for retirees. While it omits the promised Social Security tax elimination, it offers a new standard deduction for seniors,

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.

In a razor-thin 215-214 vote, House Republicans advanced President Donald Trump's so-called "One Big Beautiful Bill Act," a sweeping 1,116-page legislative package aimed at transfo

This is an audio transcript of the FT News Briefing podcast episode: ‘The economic impact of Trump’s budget bill’ Sonja Hutson Good morning from the Financial Times. Today is Friday, May 23rd, and this is your FT News Briefing.

The GOP-backed One Big Beautiful Bill Act includes some big changes to the Supplemental Nutrition Assistance Program.

Advocates say cuts to Medicaid and SNAP as part of Congress' passed budget bill could mean thousands of Iowans lose benefits.

In the Ohio House’s version of the budget bill, Ohio would eliminate Group VIII — another name for the Medicaid expansion group that covers more than 700,000 Ohioans who live above the income requirements for traditional Medicaid but are still in need of assistance — if the federal government’s share of the funding dips below 90%.