ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.” ...

Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people ...

President Donald Trump has signed his tax and spending bill into law after Republicans muscled it through Congress.

Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.

U.S. President Donald Trump signed into law a massive package of tax and spending cuts in a ceremony at the White House on ...

The legislation extends Trump’s 2017 multitrillion-dollar tax cuts and cuts Medicaid and food stamps by $1.2 trillion. It ...

Different provisions of the GOP tax and spending bill will kick in over the next year or so. Many are set to expire just ...

The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder ...

Musk said he’s carrying out his threat to form a new political party after a falling out with Trump over the president’s ...

Protesters gathered in Richmond to rally against President Trump's new bill that cuts Medicaid funding while increasing ...

Any time there’s any reduction or tightening of benefits, especially SNAP benefits, we typically see an uptick in families ...