As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Bill Gates said the federal deficit "needs to be brought down" when asked about DOGE during a recent interview.
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
As lawmakers dissect Gov. Moore’s budget proposal, there’s been no short of criticism on how Maryland ended up facing a ...
While 2024 was a record revenue year, it was also a record spending year; spending is growing faster. Read more here.
Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will still climb to $2.7 trillion in a decade, according to the CBO’s latest outlook, released Friday.