Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the next decade absent congressional action, following passage of President ...

Trump’s controversial $250 visa fee could cost the US economy $11 billion as tourists stay away, research finds - The ...

A report from the Congressional Budget Office shows the bill increasing the national deficit by a trillion dollars and ...

The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...

Gary Palmer, representative for Alabama’s sixth congressional district, spoke to the quarterly meeting of the Shelby County ...

Congress has spent more money than it has collected for the last two decades, allowing the U.S. debt to top $37 trillion for the first time. Experts expected the U.S. to pass the $37 trillion mark ...

The U.S. is facing a steep decline in international travelers—and this fee will only make it worse, say tourism officials.

The tactic -- called a pocket rescission -- has been criticized by a handful of Republican senators as it would essentially ...

Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...

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

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