The White House is challenging the nonpartisan Congressional Budget Office’s assessment that President Donald Trump’s sweeping tax and spending package will raise the federal deficit by trillions of dollars throughout the next decade. The national debt, currently $36.2 trillion, tracks what the U.S. owes its creditors, while the national deficit measures how much the federal government’s spending exceeds its revenues. So far, the federal government has spent more...

President Donald Trump and SpaceX and Tesla CEO Elon Musk engaged in a public feud Thursday, less than a week after the White House held a farewell press conference for Musk highlighting his contributions spearheading the Department of Government Efficiency (DOGE). Musk departed his tenure as a special government employee with DOGE May 30, but swiftly launched into criticisms of Trump’s massive tax and spending package dubbed the...