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 ...

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

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

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

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 ...

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

Despite the 2024 campaign rhetoric, Joe Biden is leaving Donald Trump a healthy economy that may be better off left alone.

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

Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...

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