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

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

Protests against immigration officers are spreading beyond Los Angeles. Trump’s immigrant crackdown now includes ICE ...

Wall Street breathed a sigh of relief Thursday after a key bond auction eased concerns that the US economy might be falling ...

Concerns about the national debt from Elon Musk and some Republican lawmakers is complicating the path to passage for Trump's ...

U.S. President Donald Trump and his Republican allies in Congress are determined to enact his tax-cut agenda in a political ...

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

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

Donald Trump said Kentucky Republican Sen. Rand Paul and his family are invited to the White House picnic after Paul claimed they were “uninvited.” ...

Estimates from the Congressional Budget Office, released Thursday, offer a detailed view into the effects on income groups.

Governor Newsom criticizes Trump's proposed cuts to public safety funding, highlighting the potential harms to community ...