By scrapping Biden-era rules, lawmakers can tame a projected $817 billion in federal expenditures over the coming decade.

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last ...

U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for ...

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

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

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

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and taxpayers alike. Americans face a ...

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

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