The big tax-and-spending bill in Congress would end a race against time by the wealthy to avoid estate taxes. The bill passed in the House last month and the Senate Finance Committee proposal released Monday both would permanently allow people to hand their heirs $15 million without paying a dime.

President Donald Trump’s “One Big Beautiful Bill” has one big problem: it isn’t winning any popularity contests. Polling shows the legislation that extends the Trump tax cuts while gutting Medicaid is underwater by as much as 29 percentage points -- an unheard of level, according to CNN data chief Harry Enten.

President Donald Trump's sweeping tax-cut and spending bill would lead to a larger-than-expected $2.8 trillion increase in the federal deficit over the decade, despite a boost to U.S. economic output,

The Senate Homeland Security and Governmental Affairs Committee authorizes a $100 million war chest for OMB to reorganize government without congressional oversight.

All the yelling and screaming among Republicans on provisions in the megabill will matter only up until the moment Trump says it’s time to vote.

William Ford Jr., the current executive chairman of Ford Motor Company and great-grandson of Henry Ford, says President Trump’s threat of tariffs is weighing heavily on the company. He spoke with NBC News’ Tom Costello about impact of tariffs and the first Ford ever made,