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

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 ...

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

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

Committee for a Responsible Federal Budget (CRFB) — on Wednesday updated its baseline forecasts for the next decade, ...

Trump's plans to extend his 2017 tax cuts, along with further reductions in corporate and capital gains taxes, are expected to substantially enlarge, not reduce, the federal budget deficit.

The Trump administration is correct that growth can help reduce deficit pressures, but it's not enough on its own to accomplish the task, according to new research by economists Douglas Elmendorf ...

President Donald Trump has cited a $40 billion trade deficit with Switzerland to justify a new, high tariff on imported Swiss ...

President Donald Trump has long sought to tackle the country's overall trade deficit. The combined goods and services trade deficit hit $918.4 billion in 2024, a big increase from 2023. There hasn ...