Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

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

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax deduction.

The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gains, a move proponents say reins in "woke" schools but that critics say will wind up hurting the poorest students the most.

Many low-income families would see cuts in health care and food benefits. The state hopes for a big reimbursement for border security spending.

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

The president’s efforts to rewrite the DNA of global commerce could complicate the fate of his “Big, Beautiful Bill,” either by diverting the president’s energy or by inviting lawmakers to make changes to the legislation to address unhappiness from the markets and the public.

As for us, look for 5 Good Things in your inbox on Saturday. The 5 Things AM and PM newsletters will return on Tuesday. Here’s what else you need to know to Get Up to Speed and On with Your Day. If your day doesn’t start until you’re up to speed on the latest headlines,

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