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

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

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

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...

The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

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

Many budget hawks have tried and failed to streamline the government and reduce gigantic annual deficits. Musk's efficiency commission will only succeed if forces a reluctant Congress to finally act.

Gavin Newsom is echoing the incoming Trump administration as he touts government efficiency. But the governor has expanded ...