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

Concerns over the normalization of interest rates and the widening fiscal and trade deficits in the U.S. have led to fears of ...

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders ...

With increasing tension between the world’s two largest economies – over rare earth minerals, over Chinese students at U.S.

GOP Sen. Ron Johnson explained why he is not impressed by the "One Big, Beautiful" budget reconciliation bill that Republicans passed this week in the House, during an interview Sunday on CNN/ "The ...

Baltimore’s fiscal year 2025 spending freeze remains in effect as the city continues to grapple with vacancies driving high overtime costs among first responders.

His legacy will also include higher national debt, a wider trade deficit and steeper ... No. But when I look at Biden’s fiscal record, he failed the class.” Through December, the US economy ...

Of course, market outcomes are not always socially desirable, as determined by citizens through the democratic ... to reduce the structural deficit. Neither did the Biden-Harris administration.

He plans to slash deficits to the levels of 2015, when Barack Obama was president ... energy tax breaks Biden signed into law. Congress would have to enact those changes through new legislation.

Through poor legislative choices and deliberate administrative decisions, Biden and Harris have increased 10-year deficits by $7 trillion relative to when they took office. Needlessly increasing ...