The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.

Having the Air Force fly a B-2 bomber overhead during a signing ceremony for a budget bill would have in a different time ...

Conventional wisdom holds that ever-increasing debt relative to gross domestic product is unsustainable, though another line of argument holds that fears about the hole the US is in are overblown.

By 2018, our national debt had grown to $22 trillion. Trump at that time stated in his budget proposal that the national debt ...

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...

The White House said if the "Big Beautiful Bill" passes, "hardworking Americans and families will see an average increase in ...

Take the White House’s analysis of the “One Big Beautiful Bill Act” winding its way through Congress; it’s pure “GIGO” — garbage in, garbage out. The nonpartisan Congressional Budget Office’s ...

Congressional Budget Office's scoring methods for Trump's "big beautiful bill" spark debate: Republicans favor dynamic scoring, while Democrats prefer static scoring for projections.

A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...

Rep. Brad Finstad dismisses fears that the bill will add trillions in red ink as false Democratic talking points.

The decades following World War II were broadly prosperous, but conditions began changing in the 1970s. Class inequality has increased enormously since then, according to government data, while income ...