Give the IRS enough resources, his reasoning went, and you could collect more taxes without increasing the burden on ...

Following a presidential campaign in which Donald Trump promised to improve the economic circumstances of working families, ...

The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 billion last month. The CBO estimated the federal budget deficit ...

Professor Doug Elmendorf, a former director of the U.S. congressional Budget Office, discusses the implications of the budget ...

Republicans want to change how the Congressional Budget Office calculates the cost of extending Trump’s 2017 tax cuts.

Data included in a new report by the nonpartisan Congressional Budget Office (CBO) shows that America’s debt crisis grew substantially worse under President Joe Biden. Without significant ...

The budget plan that the House is scheduled to consider this week would add to the deficit as it calls on committees to cut ...

Far from addressing the massive budget deficits, the GOP-led Congress is on track to make them even bigger. Former Reagan ...

The House of Representatives has just passed a budget bill that extends the 2017 Trump tax cuts, contains new Trump-proposed ...

Business-friendly deregulation and tax cuts boost private ­investment and widen the budget deficit. That pulls in imports and ...