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The bill now heads to Trump's desk for a signature. The "Big Beautiful Bill" could increase the national debt by more than ...
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.
President Trump's multitrillion-dollar tax bill becomes law despite economist warnings about rising federal debt and deficit ...
The Republican budget will add trillions to the national debt. Trump should channel Eisenhower to keep things in check.
The measure cements into law much of Trump’s agenda and is being hailed by the president and his supporters as a major victory.
Failing to raise the debt limit before the Treasury runs out of cash could trigger further credit downgrades and roil ...
President Trump's second tax bill is set to cement his budget-busting legacy, adding trillions to the national debt and deepening fiscal imbalances.
The Republican Congress and President Donald Trump just delivered a major victory to the American people by passing and enacting into law the historic One Big Beautiful Bill Act (OBBB). Predictably, ...
Ben Harris is director of economic studies at the Brookings Institution and the former chief economist at the Treasury ...
The U.S. government’s debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...