America’s mountain of debt is casting a shadow over Washington’s financial capability to respond to the next emergency, whatever it might be.

As House Republicans continued their efforts to advance what President Donald Trump calls his "big, beautiful bill" of tax and spending cuts, White House Press Secretary Karoline Leavitt played down ...

One former Federal Reserve trader is concerned that this longtime tailwind could soon morph into a serious problem for ...

The tax and spending legislation as it currently stands delivers no deficit reduction and adds huge amounts of hassle for ...

Former Treasury Secretary Steven Mnuchin said he’s more alarmed by the country’s growing budget deficit than its trade ...

As Los Angeles confronts a major budget deficit, President Donald Trump's economic policies and abrupt actions are making it much harder.