Republicans defend budget legislation as economic plan to make life more affordable amid fierce partisan battle over social program cuts

Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.

The budget bill passed Thursday by U.S. House Republicans seeks, among other cuts, to gut clean energy incentives to pay for President Donald Trump’s proposed tax breaks.

President Trump met with holdouts again Wednesday as leaders ramp up their efforts to build support around the bill.

An internal House Republican memo shared with Fox News Digital highlights the key Republican accomplishments included in President Donald Trump's "big, beautiful bill," which clocks in at 1,118 pages.

The House Republican multi-trillion-dollar tax package includes a bigger child tax credit. If enacted, here’s who could benefit from the changes.

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

House Republicans secured enough support to push the “one big beautiful” reconciliation package out of the Budget Committee late Sunday night. The late-night victory for Speaker Mike Johnson (R-LA) and President Donald Trump came after GOP fiscal hawks relented due to concessions from leadership related to Medicaid and clean energy policy repeals.

Yields on government debt have risen as Congress weighs Trump’s budget plan. Meanwhile, interest on the debt is approaching $1 trillion a year – on par with proposed Defense spending.

The carried interest loophole refers to a provision in the U.S. tax code that allows investment fund managers, like private equity executives, to pay a lower tax rate than normal,