The scale of Biden’s executive spending is hard to convey. The Committee for a Responsible Federal Budget estimated that ...

The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...

Most Americans like the Trump tax cuts. Now, Congress must decide what taxpayers would give up in order to keep them.

WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal ...

President Donald Trump has undone many of Joe Biden's progressive policies, if not the damage they inflicted, in less than ...

After fours years of criticizing budget deficits under Joe Biden, Republicans now have a math problem of their own.

A new forecast from the Congressional Budget Office reveals the scale of the fiscal challenge that the second Trump administration has inherited from its predecessors. Amid much talk about the problem ...

Trump’s early, extraordinary steps pose a direct challenge to a fundamental underpinning of the Constitution: the power of ...

In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on ...

On Inauguration Day, we provide a look at various metrics on the state of the country at the start of President Donald ...

The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...