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 ...

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

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

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

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

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 ...

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

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

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.

WASHINGTON (AP) — Russell Vought, President-elect Donald Trump’s nominee for White House budget director, declined Wednesday ...