Worries about rising debt: Asked about the Congressional Budget Office projection that the legislation would increase the national debt by about $3 trillion over 10 years, 63% of Americans ...

* Tweaks to the phaseout of clean energy tax credits. The Senate plan reportedly would allow more projects to take advantage ...

Elon Musk says he’s “disappointed” by the costly new tax and spending package that House Republicans passed last week. In an excerpt from a new interview with “CBS Sunday Morning,” Musk ...

Citing large and growing budget deficits and rising interest costs, Moody’s Analytics on Friday reduced its credit rating on U.S. government debt, eliminating the last top-ranked, triple-A ...

On this date 160 years ago, President Abraham Lincoln was sworn in to his second term in office and delivered a brief but historic inaugural address to a nation still fighting the Civil War.

Senate Republicans just confirmed Russell Vought as director of the White House Office of Management and Budget, but not without controversy. The 53-47 vote came after Democrats held the Senate ...

President Joe Biden is ending his term in office with a remarkably strong labor market. According to data released Friday by the Labor Department, employers added a surprising 256,000 jobs in ...

As Republicans prepare to extend the 2017 Trump-era tax cuts that are currently scheduled to expire at the end of the year — or make them permanent — a new analysis by the Treasury Department ...

Former President Donald Trump plans to use tariffs to punish foreign competitors, boost domestic production and provide revenues to offset the cost of an extensive list of new tax cuts, including ...

Trump Would Add Twice as Much to National Debt as Harris, Study Finds – Washington Post; Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans – New York Times; Biden ...

Tax and spending proposals from both presidential candidates would increase budget deficits in the coming years by trillions of dollars, according to a new analysis from the Committee for a ...

House Speaker Mike Johnson pitched Wall Street today on Republicans’ agenda of tax cuts and deregulation, promising to deliver an economic boost while also pursuing “fiscal responsibility ...