Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...

"The Congressional Budget Office estimates that if the debt limit remains unchanged, the government's ability to borrow using extraordinary measures will probably be exhausted in August or ...

The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.

Using this benchmark, we can attribute 71 percent of the 2025 deficit to spending policy decisions and 29 percent to tax ...

The conclusion of the tax filing season is about to provide early clues toward resolving a nagging question hanging over the ...

President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...

A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...

In a dramatic vote, House Republicans passed a $5 trillion budget framework that kick-starts the process for President ...

(The Center Square) – Credit-rating agencies are watching a U.S. budget reconciliation process for potential impact on budget deficits and federal debt. The outcome of the Congressional budget ...

The 216-214 vote Thursday on the budget — which outlines the parameters for the tax cut and debt ceiling increase — was delayed a day so Trump and Republican congressional leaders could ...