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

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

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

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

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

President Donald Trump wants the federal workforce back in the office, but could face challenges from unions implementing the ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

It’s looking like "thumbs up" for Russ Vought in the Senate, where Republicans are preparing to confirm him to lead the White House budget office despite his reputation for withholding congressionally ...

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

One of Donald Trump's most controversial Cabinet nominees wants to shuffle the deck on core American principles such as checks and balances.