Unfortunately, neither Vice President Harris nor her rival on the campaign trail has made a priority of fixing this problem.

Spending increased by 10 percent last year, while tax revenue increased by 11 percent. Interest payments on the debt shot up ...

The Congressional Budget Office forecasts a federal deficit of $1.834 trillion for 2024, noting rising debt interest and ...

Sweeping calls for the U.S. defense budget — now at about $850 billion — to return to Cold War levels when measured against ...

The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest ...

In his postmeeting press conference on Sept. 18, Fed chair Jerome Powell said that the FOMC's jumbo cut wasn't a reflection of officials' fear of a recession. He repeatedly referred to the rate ...

The data comes as Donald Trump and Kamala Harris are proposing new tax and spending plans that are estimated to add trillions ...

The federal government’s budget shortfall for fiscal year 2024 grew by $139 billion from the previous year to reach $1.8 ...

The Congressional Budget Office estimated Tuesday that the federal budget deficit for fiscal 2024 rose to $1.8 trillion, the highest in three years. The analysis showed that fiscal 2024’s deficit ...

Happy Tuesday! Vice president Kamala Harris continued her media blitz today, following the “60 Minutes” interview that aired ...

The U.S. federal deficit is projected to reach $1.834 trillion in fiscal 2024, driven by rising debt interest and increased ...