Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.

Republican legislation criticized by media will slash deficits through economic growth, tariff revenue and deportation while ...

President Trump’s newly passed One Big Beautiful Bill Act will, by most conventional estimates, add trillions to America’s national debt to pay for permanent tax cuts. Republicans insist the bill ...

The U.S. government's debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...

"I could end the deficit in five minutes,” Buffett told CNBC’s Becky Quick in a 2011 interview. “You just pass a law that ...

House Budget Committee Chairman Jodey Arrington on Tuesday detailed how President Donald Trump’s “big, beautiful” law will ...

The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...

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

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

The Congressional Budget Office has recently come under fire from both Democrats and Republicans for its budgetary analysis of President Trump's domestic policy law.