The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

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 ...

The Navy's plan for its future fleet would require $1 trillion and a drastic increase in productivity at the nation's ...

Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying ...

With the clock is ticking on the Social Security Trust Fund, Reps. George Latimer and Mike Lawler say more time is needed to ...

Poverty rates have also plunged during that time, dropping from 13.3% to around 3.5% after adjusting for inflation. But the ...

The Navy's 2025 plan would cost 46 percent more each year—when adjusted to take out inflation—than the average amount dedicated yearly over the past five years, the CBO said. The total shipbuilding ...

The federal government borrowed $710 billion in the first three months of fiscal year 2025, with 10 days before President-elect Donald Trump takes office.

a new analysis published by the Congressional Budget Office (CBO) shows.

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant ...