Donald Trump’s inauguration and expectations of the tumult he will release on “Day One” of his administration have deflected ...

Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...

The US Congressional Budget Office (CBO) projected the federal government's budget deficit will fall to $1.87 trillion in ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget ...

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

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

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

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

The fiscal situation is daunting, the debt trajectory is unsustainable,” Congressional Budget Office director Phillip Swagel ...

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

The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional ...

Deficits as share of the total economy would then narrow through 2027 as tax collections would increase faster than outlays, ...