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

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

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

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

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

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

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

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

The CBO, a non-partisan budget agency, last week issued fresh forecasts for the U.S. budget deficits for the next 10 years.