The rise of the federal debt over the past two decades has prompted countless warnings that the United States is approaching a fiscal reckoning, a day when the government won't be able to drink all it ...

At some 940 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, ...

Last-minute additions to the Senate draft of the budget reconciliation bill would accelerate the rollback of Biden-era ...

Planned defence system could make it harder for PLA to strike US bases like those in Guam and Okinawa, or warships trying to ...

The legislation for Trump's agenda on taxes, health care, immigration, energy and more would add $3.3 trillion to the deficit ...

The changes made to President Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even steeper losses in healthcare coverage, the Congressional ...

The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load ...

Unable to stop the march toward passage of the 940-page bill by Trump's Fourth of July deadline, Senate Democrats are using the tools at their disposal to delay and drag out the process.

A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of ...

Note: Based on each state’s share of fiscal year 2024 benefit issuance and projected benefit costs in 2028 under the Congressional Budget Office’s June 2024 baseline, assuming each state’s share of ...

A stronger economy: Economists at the Federal Reserve Bank of Dallas estimate that government investments in scientific ...