New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion ...

The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the Congressional Budget Office.

Nonpartisan congressional analysts said the vice president's campaign plans are unlikely to generate the amount of revenue ...

During the past two years, the House Budget Committee has made more progress on budget reform than we’ve seen in recent ...

Republican presidential candidate Donald Trump's tax and spending plans would produce more than twice as much new debt as the ...

The federal government posted a $1.8 trillion budget deficit during the fiscal year that ended on September 30, despite an ...

The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion ...

A report from the Congressional Budget Office estimates the U.S. budget deficit grew to $1.8 trillion in the last fiscal year, driven partially by increased spending on programs for older Americans, ...

In a rare display of unanimity, the House Budget Committee here has passed a bipartisan bill to improve congressional access ...

The federal budget deficit for fiscal year 2024 rose to $1.8 trillion, the highest in three years, the Congressional Budget ...

Lawmakers left town last week without passing additional natural disaster funding, and approving additional money may prove ...