Gov. JB Pritzker will present his seventh budget proposal Wednesday as the state faces a projected $3.2 billion revenue ...

Gov. J.B. Pritzker will present his seventh budget proposal Wednesday as the state faces a projected $3.2 billion revenue ...

The national debt has become a rallying cry for Republicans as they seek to dismantle the federal government, justifying the ...

The monthly government budget release is typically a pretty sleepy one. I know, because I’m sitting there at 2 p.m. Eastern ...

Speaking to reporters for the first time since he took charge of the Trump administration's cost-cutting initiative, Elon ...

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

Scrapping the U.S. penny, as President Donald Trump has just vowed to do, would save the government enough money to pay for 0.02% of the cost of extending the 2017 tax cuts, 0.004% of the annual ...

Outside of reconciliation, the budget also includes a net $7.8 trillion of deficit reduction over the next decade that would result in the debt stabilizing at its current level of 99 percent of Gross ...

Read about GAO's recent report about rising U.S. federal debt, its drivers and what steps should be taken to correct it.

The U.S. budget deficit continues to widen, as outlays rise faster than receipts, the Congressional Budget Office said Monday. For the first four months of the fiscal year, the deficit was $838 ...

Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...

Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.