The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.

The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as they prepare to take control of Washington.

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.

Vought, a co-author of Project 2025 who served as budget director in Donald Trump's first term, has signaled he will take a more aggressive approach to helping the president-elect carry out his agenda of shrinking the federal government.

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan bookkeeper reported Friday, with debt and deficits set to reach record levels.

President-elect Donald Trump will take the oath of office from inside the Capitol Rotunda Monday due to forecasts of intense cold weather.

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.

More than 5 million Americans have benefited under Biden's presidency due to his student loan forgiveness policies.

Republicans' renewed probe into federal telework sets the stage for how President-elect Donald Trump may approach a possible return-to-office mandate for feds.

He stressed he would follow the law, even as he emphasized Trump’s desire to overturn the 1974 Impoundment Control Act that requires congressional approval to rescind spending.

President-elect Donald Trump's inauguration comes at a pivotal time in American history. Insulated from controversy, Trump will enter the White House more prepared than when he first won in 2016.

Trump and Melania joined by Ivanka and other family to watch fireworks after return to DC: Live - President-elect says he has ordered inauguration and speeches to take place in the Capitol Rotunda ‘as