WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the ...

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

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

Congress’s budget arm reported Monday that Republicans’ massive tax-and-spending legislation dubbed the “One Beautiful Bill” ...

The Trump administration's proposed Golden Dome defense shield will consist of four integrated layers, one space-based and ...

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.

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...

The US monthly budget deficit rose 10% year-on-year to $291 billion in July, despite a surge in customs duties to a record $28 billion, up 273% from a ...

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

The mega tax law, dubbed Trump's Big Beautiful Bill, has made more items “indexed to inflation,” or set to receive an automatic cost-of-living adjustment each year. Americans already see these annual ...