President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. — President-elect Donald ...

Lancaster County public schools could see cuts to nearly $55 million in federal funding if President-elect Donald Trump ...

President-elect Donald Trump has said he plans to embark next week on one of the most sweeping deregulatory drives in U.S.

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

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

Many budget hawks have tried and failed to streamline the government and reduce gigantic annual deficits. Musk's efficiency commission will only succeed if forces a reluctant Congress to finally act.

Trump’s second term agenda includes cutting ‘slackers’ from federal workforce, former OMB official says ...

On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...

U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...