The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

In the horse-trading to preserve Trump’s tax cuts, some House Republicans seek a SALT cap increase. Right now, the House has ...

Already facing a $17 million shortfall, Des Moines worries tax abatements for revitalization, growth may have to be cut or ...

Gov. Tim Walz is pitching his first budget under the new Trump era as a counterweight to the incoming president’s threats to ...

President-elect Donald Trump’s signature tax cut bill could hinge on a House Republican fight over state and local tax ...

Outgoing Treasury Secretary Janet Yellen warned that plans by the incoming administration to extend the 2017 Republican tax ...

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending ...

Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the ...