The agency is being gutted at the same time that its revenue will determine how much longer the government can operate before ...

"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 ...

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

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 Congress should eliminate this outdated ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if lawmakers don't act to raise the debt limit before then.

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

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

With a leaner federal revenue agency, the system faces serious questions over the honesty of wealthy taxpayers, US debt, and getting clarity on complex tax situations.

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

The Congressional Budget Office, Congress' nonpartisan scorekeeper, predicts that if lawmakers don't act, the U.S. may breach ...

It calls for more tax cuts and fewer reductions in spending. It would increase the federal debt by a lot more.

(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 ...