The baseline scenario shows cumulative deficits reaching $22.7 trillion by 2035, and that's if everything goes according to ...

Trump administration's trade policy produces monthly revenue of $29.6 billion in July as officials explore debt reduction ...

President Donald Trump loves to boast about the sprawling size and scope of his domestic policy law. But the White House’s ...

With dozens of estimates, analyses and opinions on the “cost” of the One Big Beautiful Bill Act, the debate can seem complicated and confusing. While critics claim it will increase the deficit by over ...

The Committee for a Responsible Federal Budget's latest forecasts show a cumulative deficit of $22.7 trillion from fiscal ...

WASHINGTON (AP) — The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic ...

The Trump administration’s push to make English the official U.S. language threatens decades of progress in taxpayer services ...

The US collected more than $29 billion in tariff revenues in July, the highest monthly total so far this year.

FOX 32's Paris Schutz has the latest on politics in Chicago, the state of Illinois, and across the nation. D.C. residents ...

WASHINGTON — Republicans’ “big, beautiful” law will add $3.394 trillion to deficits during the next decade and lead 10 million people to lose access to health insurance, according to an analysis ...

Analysts at the rating agency offered a measured outlook, estimating that the deficit won't persistently deteriorate even with recently legislated tax cuts and higher spending.