Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Leaders within the House GOP's largest caucus are drawing a red line in congressional Republicans' budget talks. The ...
Bill Gates said the federal deficit "needs to be brought down" when asked about DOGE during a recent interview.
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...
The “Department of Government Efficiency” is charged with cutting federal expenditures and there is a vast amount of ...
Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will still climb to $2.7 trillion in a decade, according to the CBO’s latest outlook, released Friday.