President Trump’s bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits by $2.4 ...

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

Republican members of the powerful Senate Finance Committee will go to the White House to meet with Trump at 4 p.m. Wednesday ...

The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside ...

The Congressional Budget Office report predicted that the tariffs would reduce long-run GDP by about 6 per cent and wages by 5 per cent ...

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...

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 ...