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

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

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

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

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

The first hearing of the House Oversight and Government Reform Committee was ostensibly about telework yet frequently ...

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

Lancaster County public schools could see cuts to nearly $55 million in federal funding if President-elect Donald Trump ...

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.

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.

If confirmed, Mr. Vought will be at the center of President-elect Donald Trump’s plans to upend the federal bureaucracy.