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

It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

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

The U.S. Court of Appeals for the D.C. Circuit mandated that the Office of Management and Budget restore a website detailing ...

The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from ...

The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to lower average monthly benefits. By 2034, average benefits will be $213 per ...

Higher borrowing costs are driving up an estimate of the impact to the U.S. budget deficit from President Donald Trump’s ...

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...

The estimate comes from the nonpartisan Congressional Budget Office, which President Trump and Republicans have attacked.