President Donald Trump called for Goldman Sachs CEO David Solomon to replace its chief economist after a prediction that ...

Ukrainian President Volodymyr Zelenskyy was in Berlin Wednesday for talks with German Chancellor Friedrich Merz and virtual ...

The Republican tax bill is poised to significantly impact our lives, particularly for senior citizens. Accurate and unbiased ...

WASHINGTON -- The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in ...

The U.S. government’s gross national debt has surpassed $37 trillion, setting a new record. This highlights the rapid ...

In January 2020, the CBO estimated that gross federal debt would not surpass $37 trillion until after fiscal year 2030.

It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

Rapid run-up reflects emergency spending during the multi-year COVID-19 crisis, when the government borrowed heavily under ...

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people ...

Traditionally, elected officials have feared public backlash if they try to take from the poor to give to the rich. This year ...

We knew even before Monday’s CBO report that Trump’s bill would redistribute wealth from those who have the least to those who have the most.