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

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

Congress’s budget arm reported Monday that Republicans’ massive tax-and-spending legislation dubbed the “One Beautiful Bill” ...

Traditionally, elected officials have feared public backlash if they try to take from the poor to give to the rich. This year ...

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

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.

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 ...

Despite grandiose claims about his tariffs bringing in billions in revenue, President Donald Trump cannot seem to help the ...

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

The president's proposed budget cuts to the NIH would eventually result in fewer drugs on the market, the U.S. Congressional Budget Office said.

President Donald Trump's tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the projection that ...