The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

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.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...

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

There are 50 to 100 expected executive orders on Trump’s first day in office. Many will focus on boosting fossil fuels and ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

If the Trump administration makes good on its promise to boost tariffs, which are taxes on imported goods, look for the tax ...

Pam Bondi was pressed about the 2020 election and Trump's influence over the Justice Department, while Marco Rubio struck a ...

The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...