The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...

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

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to ...

WASHINGTON (AP) — 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 ...

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

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

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.

Higher borrowing costs are driving up an estimate of the impact to the U.S. budget deficit from President Donald Trump’s ...

When we hear about health policy changes in the news, usually the numbers we hear are related to insurance: How many people ...

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

These experiences were top of mind when the framers drafted the Constitution, Sandefur said. They “sought to ensure that the taxing power would forever remain exclusively in Congress’s hands. They ...

The U.S. Court of Appeals for the D.C. Circuit mandated that the Office of Management and Budget restore a website detailing ...