The odds of a federal debt crisis just got more daunting. On Thursday, Congress passed the One Big Beautiful Bill, a sweeping ...

Senate Republicans are pushing to cut spending by $9 billion after passing a massive tax bill that is projected to hike the ...

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

The enormous surge in the national debt comes as Congress and President Trump approved the latest omnibus spending bill, ...

Here’s how the federal budget reconciliation bill will devastate Alaska’s economy: ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

Republicans in Congress voted to pass President Donald Trump's One Big Beautiful Bill. Here's what Kansas senators and ...

The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.

The passage of the “Big, Beautiful Bill” and its $5 trillion debt-limit increase has averted the crisis for now but not forever. “Increasing the debt ceiling should […] ...

Yes, compromise is inevitable, but Congress has a singular chance now to reduce the budget deficit through the Big Beautiful Bill, writes Greg Ganske.

Ben Harris is director of economic studies at the Brookings Institution and the former chief economist at the Treasury ...