The One Big Beautiful Bill Act, backed by President Trump and Republicans, would add $2.3 trillion to budget deficits, ...

In its current form, the budget legislation moving through Congress would exacerbate the fiscal challenges we face.

Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future ...

Investor Steve Rattner, who worked with the Obama administration, discusses the "One Big, Beautiful" budget reconciliation package passed this week by House Republicans: STEVE RATTNER: As you can ...

Treasury Secretary Scott Bessent found himself in an unexpected position Friday morning, facing a challenging question from — ...

GOP Sen. Ron Johnson explained why he is not impressed by the "One Big, Beautiful" budget reconciliation bill that Republicans passed this week in the House, during an interview Sunday on CNN/ "The ...

Board President Mike Clair ... Quotable: “Deficit spending is not a sustainable practice. We can’t continue to overspend revenue. The administration is committed to making adjustments that ...

WASHINGTON (AP) — President Donald ... to assure everyone that the deficit is a very significant concern for this administration,” Miran said. White House budget director Russell Vought ...

Six Nobel laureate economists say GOP-backed "big beautiful bill" will hurt millions of Americans and weaken the U.S. economy ...

President Trump ... make up nearly 60% of spending and are the main drivers of our debt. Yet they are mostly untouched in the current fiscal sketch. The administration promises a more complete ...

The U.S. collected a record $16.3 billion in customs revenue in April, although the "Liberation Day" import tax revenue surge could be short-lived.