The U.S. Treasury Department on Friday will reveal the strength of President Donald Trump's tariff revenues in its June ...

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

President Donald Trump signed into law last week a sweeping package of tax cuts and spending cuts, which passed the Senate and House with narrow majorities and no Democratic support. As is his ...

Park County opinion writer discusses the implications of Trump's 'Big Beautiful Bill' and its impact on wealth distribution, healthcare, and immigration policy.

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

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.

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

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

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

U.S. Rep. Lloyd Smucker said he chose to vote Thursday for the massive tax cut and spending bill after getting assurances ...

The largest-cut claim was made by Republican U.S. Rep. Scott Fitzgerald, who represents part of southeastern Wisconsin. His office cited a $1.7 trillion claim made by the Trump administration.

How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often ...