The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

With the clock is ticking on the Social Security Trust Fund, Reps. George Latimer and Mike Lawler say more time is needed to ...

The Navy's 2025 plan would cost 46 percent more each year—when adjusted to take out inflation—than the average amount dedicated yearly over the past five years, the CBO said. The total shipbuilding ...

Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are ...

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant ...

a new analysis published by the Congressional Budget Office (CBO) shows.

WASHINGTON (AP) — Russell Vought, President-elect Donald Trump’s nominee for White House budget director, declined Wednesday ...

President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, ...

Normally when the Congressional Budget Office is “scoring” the cost ... of the Committee for a Responsible Federal Budget, a Washington think tank. “But the way that tax cuts, especially ...