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

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

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...

The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into ...

China does not seek trade surpluses, a top official told the World Economic Forum Tuesday as the next round of U.S. tariffs ...

The US budget deficit widened to a new record in the October to December period, according to Treasury Department data released Tuesday, as spending grew while tax revenue slipped.

Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...

The accelerated expansion of the US fiscal deficit not only plunges US government debt into an increasingly unsustainable ...

First, the adjustable flat tax. The idea of a flat tax has been around for a long time. It has been proposed as a way to be more fair, to answer the criticisms that the rich don’t pay their fair share ...

The National Association of Insurance Commissioners (NAIC) anticipates $167 million in revenue for 2025, including investment ...

Donald Trump has been complaining about the United States’ “trade deficit” with Canada.