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WASHINGTON (AP) — The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic ...
Congress’s budget arm reported Monday that Republicans’ massive tax-and-spending legislation dubbed the “One Beautiful Bill” ...
The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...
WASHINGTON — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in ...
The U.S. government’s gross national debt has surpassed $37 trillion, setting a new record. This highlights the rapid ...
Traditionally, elected officials have feared public backlash if they try to take from the poor to give to the rich. This year ...
The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...
Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to lower average monthly benefits. By 2034, average benefits will be $213 per ...
They believe in the CBO’s optimistic vision and think that deregulation and an AI productivity miracle will cause lower ...
Despite grandiose claims about his tariffs bringing in billions in revenue, President Donald Trump cannot seem to help the ...
A congressional watchdog agency, the Government Accountability Office (GAO), published a post Wednesday morning reaffirming ...
Lawmakers from both parties have so far rejected steep cuts to the National Oceanic and Atmospheric Administration (NOAA) proposed by the Trump administration.