Presidents from both parties, including Trump, have let the budget grow and grow. The White House is trying to make changes on its own.

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

The Biden administration’s sweeping federal student loan forgiveness plan will cost an estimated $400 billion over the next three decades, according to a Congressional Budget Office (CBO ...

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last year, in its 30-year forecast,

After two days at the House Republican winter retreat, Rep. Marjorie Taylor Greene expressed frustration over a lack of progress on budget reconciliation.

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal year 2025. The nonpartisan budget scorekeeper estimated that federal

As a presidential candidate last year, Donald Trump declared that if California Gov. Gavin Newsom (D) did not divert more of the state’s limited water supply to farmers, “we won’t give him money to put out all his fires. And if we don’t give him the money to put out his fires, he’s got problems.”

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.

Some House Republicans are frustrated with a lack of progress in the reconciliation process, but leadership says the conference is right on schedule.