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

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

Washington | The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional Budget Office warned on Friday (Saturday AEDT) — even as it ...

The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement, spousal, and survivors benefits.

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan bookkeeper reported Friday, with debt and deficits set to reach ...

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s ...

The law will increase benefits for millions of retirees, but it's still not clear where the added funds will come from.

Instead, people on Medicare won’t get the two years of continued coverage for telehealth appointments and five years’ for ...

A bill signed by President Joe Biden on Sunday will soon bring higher social security payments to millions. The Social Security Fairness Act will boost the social security checks of around three ...

according to the CBO. These benefits will also grow over time in line with Social Security's cost-of-living adjustments.