President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their ...

The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

Fidelity to blind justice and institutional integrity made the U.S. economy exceptional. No more. Gene Sperling was director ...

Concerns about the national debt from Elon Musk and some Republican lawmakers is complicating the path to passage for Trump's ...

Disputes among Republicans about parts of Trump's major tax bill threaten approval in the Senate and past compromises reached ...

The merchandise trade deficit stood at $21.88 billion in May, according to data published by the country's commerce ministry. That compared with the $22.09 billion recorded in the same month a year ...

Wall Street breathed a sigh of relief Thursday after a key bond auction eased concerns that the US economy might be falling ...

Sen. Rand Paul criticized the June 14 military parade, arguing that it was too expensive and “glorified” weapons.

The May jobs report indicated that the labor market is still solid, even if there are some concerning signs like the rise in ...

President Donald Trump and other top Republicans insist their tax-and-spending bill will slash the federal government’s budget deficit. Many House and Senate Republicans disagree. In recent ...

New trade barriers threaten the larger and faster-growing part of the economy: the services industries that employ more than 80 percent of American workers.

Republicans are increasingly split over the deficit impact of Trump’s bill. Wide polarization: Some GOP lawmakers claim the bill will save trillions over 10 years, while a growing number say it will ...