There is no other Cabinet position that has to engage with lawmakers in Congress across so many disparate technical issues, ...

Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...

The United States has the smallest defense budget in nearly 100 years. If the U.S. is in a cold war, it seems to be cheaper and less urgent than the last.

Many people talk about both the weather and the U.S. national debt, but few do anything about either. The weather has a mind of its own, but this country’s national debt is a matter for Congress and ...

The Congressional Hispanic Caucus highlighted how Trump's policies would harm farm workers, immigrant families and so-called ...

Americans pay more taxes to support health care than do the citizens of any other country. We must either fix our health care system or watch our economy implode.

In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on ...

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and taxpayers alike. Americans face a $4 trillion tax hike as key provisions of the ...

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

The Congressional Budget Office's most recent report delivered a grim outlook for federal finances, noting that public debt ...

The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.