Trump, House and tax bill
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America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans and Democrats came together to pass a forceful, and expensive, emergency response that helped prevent permanent scarring to the economy.
New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the so-called "big, beautiful bill" passed on Thursday.
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The House passed President Donald Trump's "one big, beautiful bill" on Thursday morning, but two defecting Republicans took to social media to decry the spending plan.
The "big, beautiful bill" passed by House Republicans includes hundreds of billions in cuts to SNAP, more stringent work requirements and more costs to states.
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The House passed President Trump's domestic policy bill by just one vote, in part because Rep. Andrew Garbarino, who would've voted to support it, was asleep at the time, House Speaker Mike Johnson said.
Fox News senior congressional correspondent Chad Pergram has the latest on the legislation timetable on 'Special Report.'
The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday.
Catch up on the political news of the past week in the latest At the Races newsletter, including budget reconciliation and the 2026 midterms.