President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their ...

The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

A top Trump official and two other economists published a paper outlining how business tax cuts boost economic investment as ...

Concerns about the national debt from Elon Musk and some Republican lawmakers is complicating the path to passage for Trump's ...

Fidelity to blind justice and institutional integrity made the U.S. economy exceptional. No more. Gene Sperling was director ...

President Donald Trump and Prime Minister Keir Starmer say they are signing a trade deal to ease tariffs between goods from ...

Senate Finance Committee Chair Mike Crapo (R-Idaho) on Monday released the Senate’s long-awaited version of President Trump’s tax agenda, which would make the 2017 corporate tax cuts permanent, ...

The May jobs report indicated that the labor market is still solid, even if there are some concerning signs like the rise in ...

President Donald Trump and other top Republicans insist their tax-and-spending bill will slash the federal government’s budget deficit. Many House and Senate Republicans disagree. In recent ...

Sen. Rand Paul criticized the June 14 military parade, arguing that it was too expensive and “glorified” weapons.

Republicans are increasingly split over the deficit impact of Trump’s bill. Wide polarization: Some GOP lawmakers claim the bill will save trillions over 10 years, while a growing number say it will ...

Disputes among Republicans about parts of Trump's major tax bill threaten approval in the Senate and past compromises reached ...