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 ...

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

During his testimony before the Senate Finance Committee yesterday, Treasury Secretary Scott Bessent refuses to answer Senator Ben Ray Luján's questions confronting him on estimates that Trump's 'one ...

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic ...

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

For example, a YouGov/Economist poll noted that when President Donald Trump’s “Big Beautiful Bill” was announced, only 43 percent of Americans opposed the 2025 budget package. In less than two weeks ...

Republicans are increasingly split over the deficit impact of Trump’s bill. Wide polarization: Some GOP lawmakers claim the bill will save trillions over 10 years, while a growing number say it will ...

President Donald Trump and other top Republicans insist their tax-and-spending bill will slash the federal government’s budget deficit. Many House and Senate Republicans disagree. In recent ...

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

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