President Donald Trump’s "big beautiful bill" will add $3.4 trillion to the U.S. national debt over the next decade, ...

President Donald Trump's tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional ...

In 2017, President Trump signed the largest tax cut in history into law. Today, thanks to the hard work of the Ways and Means ...

Religious figures from South Carolina and 10 other Southern states say the fallout from the federal reconciliation bill 'really will affect us all' ...

The Trump administration’s proposed cuts to medical research and health agencies will curtail the development of promising ...

The Senate Appropriations Committee voted to increase the NIH budget by $400 million, essentially snubbing the Trump ...

The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays ...

The CBO will release its analysis of the GOP Senate health care bill Monday. — -- The Congressional Budget Office will release its first analysis of the Republican Senate health care bill ...

The U.S. could default on its debt sometime this summer if Congress doesn't raise the debt the $31.4 trillion debt ceiling, the Congressional Budget Office projected Wednesday.

Congressional Budget Office (CBO) Director Phillip Swagel discussed the current budget and economic outlook. He reported the U.S. could default on its debt between July and September unless the ...

Congressional Budget Office projects lower inflation and higher unemployment into 2025 The office's Current View of the Economy from 2023 to 2025 report, released Friday, estimates that the ...