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 $4 trillion tax hike as key provisions of the ...

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

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

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 ...

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

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

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

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