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New legislation could push federal debt into dangerous territory—without an emergency requiring it.
The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.
President Trump's 'Big Beautiful Bill' has brought conversations about the nation's debt to the forefront ...
The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...
When it came to absolute returns, the 10 largest active bond funds and all but one of the 10 largest passive funds were in positive territory during the quarter, as most bond fund categories posted ...
O N JULY 3RD Congress gave Donald Trump the Independence Day present he wanted: with a vote of 218–214, House Republicans ...
Stocks soared back to life after April’s tariff selloff, while bonds remained in the green despite renewed volatility.
The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...
The leap in tariff revenue could help the federal budget, but is unlikely to be enough to offset the country's longstanding deficit, economists at BMO Capital Markets wrote in a commentary.
The federal election will be fought squarely on economic management. See how inflation, interest rates, the budget, and wages changed over the past three years.
Across the forty years between 1962 and 2001, federal spending averaged 19.8 percent of gross domestic product (GDP) while revenues were 17.7 percent. After 2001, however, spending rose by much ...