A Congressional watchdog says it is again unable to determine if the federal government's financial statements are reliable.

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

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

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

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

If the Trump administration makes good on its promise to boost tariffs, which are taxes on imported goods, look for the tax ...

The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...