Since President Donald Trump began his second term last month, he has focused on bringing about a dramatic reduction in the ...

The blueprint conflicts with a Senate budget resolution, which doesn't address taxes or the debt ceiling. It also includes ...

House Republicans release their long-promised budget outline as they seek to fulfill President Trump’s agenda while cutting both the deficit and taxes. But it remains unclear whether the plan will ...

President Trump’s quest to dislodge thousands of workers from the federal government is being hamstrung by an antiquated ...

The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...

Elon Musk's Oval Office media appearance with President Donald Trump mentioned the size of U.S. spending but not much context.

Mr Trump is aiming to cut US$1 trillion (S$1.35 trillion) from the federal budget. Read more at straitstimes.com.

The United States ... 2001 and 2003 Bush Tax Cuts and Deficit Reduction,” Page 3 (Page 6 of PDF). The White House. “Presidents: George W. Bush.” Committee for a Responsible Federal Budget.

In a major policy shift, United States President Donald Trump ordered a suspension of US foreign aid, a move that has ...

Greenspan was explicitly against a sovereign wealth fund, but he needn’t have worried. Over the next two-and-a-half decades the federal government paid for tax cuts, a war, more tax cuts, another war, ...

The latest news on budget talks between President Donald Trump and the Republican-controlled Congress indicates that the financial risks to Social Security and Medicare, as well as to the entire ...

Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.