The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their ...

Congressional budget experts project Trump's comprehensive tax legislation will generate substantial deficit increases while ...

The legislative proposal by President Trump, known as the H.R. 1 or "The One Big Beautiful Bill Act," has sparked intense ...

Trump’s proposed ‘bonus deduction’ in the One Big Beautiful Bill Act faces Senate pushback over deficit and social program ...

President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by ...

The May jobs report indicated that the labor market is still solid, even if there are some concerning signs like the rise in ...

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...

During a debate today on the House floor, Congressman Jim McGovern calls out Republican colleague Ralph Norman for praising DOGE cuts that are negligible compared to the estimated $3 trillion added to ...

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders ...

The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what ...

Administration officials blocked publication of written analysis that normally accompanies the report because they disliked ...