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

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

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

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

But part of it is a last-minute spending spree by Mr. Biden ... and Milton also drove the deficit deeper, according to the analysts at the Congressional Budget Office. All told, the feds collected ...

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

Before Trump entered office, for example, the Congressional Budget Office (CBO ... This pattern of increased deficits has continued under Biden. As of September 2024, the Biden administration ...

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 ...

Here’s a legacy that now-former President Biden ... Congressional Budget Office just released its Budget and Economic Outlook, 2025-2035, and it’s not a pretty picture. The federal deficit ...

The Congressional Budget Office recently estimated that such tariffs would shrink the budget deficit ... Trump imposed targeted tariffs on China during his first term, which President Joe Biden ...