Florida U.S. Sen. Rick Scott lets trillions of dollars slip away in his 'common sense' argument for fiscal responsibility in national budgeting.

OMB director ignores current law and relies on budget gimmicks to claim massive deficit reduction.

There is too much talk about the dollar's role as a reserve currency, and too little talk about expectations of exceptional returns. Reserve accumulation hasn't driven the financing of the US ...

A raging debate over policies’ effects on economic growth and deficits is at the core of this summer’s fiscal fight in ...

Fox News Digital gathered clips of President Donald Trump, Senate Majority Leader John Thune and Speaker Mike Johnson ...

Economists say President Donald Trump's flip-flopping on import tariffs has hampered businesses' ability to plan ahead and ...

The data on this page divide inflation rates into supply- and demand-driven groups of spending categories in the PCE basket ... quantity for each category is an iterative process using 10-year-window ...

In the U.S., Washington, D.C., residents spend the most on personal expenses each year, and Mississippians spend the least.

The analysis by the nonpartisan Congressional Budget Office also found that the version of the bill passed by the House last ...

Although the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, ...

Roger J Kerr warns about the risks to the US economy if foreign investors adjust their holdings - that brings a massive ...

The persistent trade deficits since 1982 (see Chart 1) mean Americans have been consistently buying more than the country ...