Prominent right-wing podcaster Steve Bannon warned on Friday that he doesn't see "how the math works" for Republicans' budget reconciliation bill, which is supported by President Donald Trump.Newsweek reached out to press representatives for the White House and House Speaker Mike Johnson,

CNN correspondent Daniel Dale took on President Donald Trump over claims about his "Big Beautiful Bill," which Dale saaid will hurt some Trump supporters.

Trump's 'One Big Beautiful Bill' is packed with tax breaks, immigration crackdowns, military boosts, and major changes to healthcare and welfare programmes.

Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,

High-income U.S. consumers are pulling back. Mortgage applications are down, Walmart (WMT) is reporting grocery gains from monied households suddenly keen for deals on eggs and bananas. And now Target joins a growing list of beloved brands waving the red flag that a recession may be coming.

President Donald Trump threatened the European Union with 50 percent tariffs. More tariff turmoil: Trump is also waging war on Apple, threatening 25 percent tariffs if it doesn’t shift iPhone production to the United States — that could mean price hikes. Stock markets fell slightly with the news.

Trump’s Bill Changes How Student Loan Amounts Are Calculated. The bill proposes changing the formula for how much the federal government grants borrowers. Loans would now be cal

It took intense lobbying from President Donald Trump, an all-nighter, and a vote on a bill for which many people did not yet have a clear grasp of the final changes, but House Republicans got it done this week.