Most Americans like the Trump tax cuts. Now, Congress must decide what taxpayers would give up in order to keep them.

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.

A new forecast from the Congressional Budget Office reveals the scale of the fiscal challenge that the second Trump administration has inherited from its predecessors. Amid much talk about the problem ...

The new administration wants to slash aid for health, food and housing, but many of those programs now reach the struggling ...

The Congressional Budget Office (CBO) has released its January 2025 budget and economic outlook, according to the Committee for a Responsible Federal Budget.

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

By scrapping Biden-era rules, lawmakers can tame a projected $817 billion in federal expenditures over the coming decade.

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last ...

The CBO, a non-partisan budget agency, last week issued fresh forecasts for the U.S. budget deficits for the next 10 years.