Scott Bessent tells Senate Finance Committee confirmation hearing Donald Trump’s tariff policy is useful tool for leverage in ...

US President Donald Trump has pulled the United States out of the Paris Agreement and the World Health Organization (WHO) - decisions analysts said were likely to deal a heavy blow to global ...

Several new Defence Department officials have disputed contention that supporting Ukraine's defence could deter Beijing's ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

Even if those tax breaks are allowed to lapse at year’s end, the federal ... budget deficit to 3% of GDP by 2028. What’s more, in coming months, Congress must address the debt ceiling, which ...

The nonpartisan Congressional Budget Office (CBO ... domestic product (GDP), or compared to the size of the U.S. economy, the federal debt held by the public is on pace to rise from 98% of ...

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 ...

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last ...

AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the ...