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

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

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

Congress’s budget arm reported Monday that Republicans’ massive tax-and-spending legislation dubbed the “One Beautiful Bill” ...

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

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

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to lower average monthly benefits. By 2034, average benefits will be $213 per ...

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

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...

The estimate comes from the nonpartisan Congressional Budget Office, which President Trump and Republicans have attacked.

The president's proposed budget cuts to the NIH would eventually result in fewer drugs on the market, the U.S. Congressional Budget Office said.