U.S. government bonds, or Treasuries, are the primary way the federal government borrows money and one of the world’s most ...

Washington is running its largest peacetime budget deficit in American history. The national debt held by the public has leaped from 40 percent of the economy in 2008 to 100 percent today—on its way ...

In his frenetic efforts to increase government “efficiency,” Elon Musk has usurped Congress’s rightful authority over ...

Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Donald ...

The CBO is trying to tell us that extending the Trump tax cuts is going to increase the budget deficit, despite evidence to ...

This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...

Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...

President Trump (and his successors) may find that, without immigration or an aggressive baby boom, an aging America will face sluggish economic growth, economic dislocations, and huge unfunded ...

The Pell Grant program has a $2.7 billion shortfall heading into the coming fiscal year, according to new projections from the Congressional Budget Office.

As the new Department of Government Efficiency (DOGE) — created by the Trump administration to address federal spending — begins its work the national debt has reached $36.4 trillion and ...

A budget deficit occurs when expenses exceed ... According to estimates by the Congressional Budget Office (CBO), Biden’s American Rescue Plan is projected to add $1.9 trillion to the national ...