It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...

President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...

(Bloomberg) -- A Republican drive to quickly pass President Donald Trump’s tax cut proposals and increase the US debt ceiling ...

WASHINGTON – Congress has cleared the first major hurdle in their efforts to pass a sweeping party-line bill to enact ...

It calls for more tax cuts and fewer reductions in spending. It would increase the federal debt by a lot more.

The U.S. House of Representatives on Thursday passed a budget plan that lays the groundwork for extending President Donald ...

The Federal Reserve’s decision to dramatically decelerate the pace of its balance sheet drawdown last month garnered broad ...

Using this benchmark, we can attribute 71 percent of the 2025 deficit to spending policy decisions and 29 percent to tax ...

US raises debt ceiling past $36.2 trillion—boosting market confidence short term, but fueling long-term crypto gains as inflation hedges.

As Congress hashes out spending and tax cuts, a Cato survey shows widespread public support for shrinking the scope of the federal government.

The Knoxville Republican was initially among the holdouts that forced House Speaker Mike Johnson to postpone the vote.

The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...