President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. (AP) — President-elect Donald ...

WASHINGTON—The U.S. government is now constrained by its statutory debt limit, the Treasury Department said, prompting the ...

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 ...

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

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...

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

The U.S. government on Friday announced a list of 15 prescription medicines targeted for Medicare price negotiations for 2027 ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

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