This sweeping bill, awaiting approval by the Senate, covers a wide range of spending, from tax policy to funding for mass deportations and funds allocated to the Pentagon. To get it passed, the US president put intense pressure on lawmakers in his own party.

President Trump's tax and spending bill passed the House by a narrow margin, adding $3.8 trillion to the national debt. It aims to fulfill Trump's policy agenda but has drawn criticism for favoring the wealthy and cutting benefits for the poor.

Donald Trump's "Big Beautiful Bill Act" passed the House of Representatives early Thursday morning, and the president couldn't be more thrilled about being one step closer to kicking millions of Americans off of their health care coverage and food assistance programs.

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially benefiting affluent earners in high-tax states. This adjustment, phasing out for incomes over $500,

US President Donald Trump has faced an impeachment threat from a lone Democrat in the House of RepresentativesThis is as Rep. Shri Thanedar, D-Mich., is moving to force a chamber-wide vote on his resolution against President TrumpOn Tuesday afternoon,

"The European Union... has been very difficult to deal with," Trump said, adding: "Our discussions with them are going nowhere!"

U.S. futures and global markets slumped Friday after President Donald Trump posted a pair of tariff threats on social media, one aimed at Apple and the other at the European Union.