As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

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.

George Will, an anti-Trump columnist for The Washington Post, wrote a scathing assessment of President Biden's actions as president as he prepares to leave office.

As a presidential candidate last year, Donald Trump declared that if California Gov. Gavin Newsom (D) did not divert more of the state’s limited water supply to farmers, “we won’t give him money to put out all his fires. And if we don’t give him the money to put out his fires, he’s got problems.”

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.

Trump seeks sharp reductions in federal spending, deeper tax cuts, seemingly universal tariffs and sweeping deregulation.

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.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

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

Donald Trump's choice to oversee the federal budget, Russell Vought, defended the U.S. president-elect's goal of cutting spending by refusing to spend money that Congress has already authorized at a Senate confirmation hearing on Wednesday.

The United States Navy's plans to increase the ... a new analysis published by the Congressional Budget Office (CBO) shows. The U.S. Navy is a dominant Western maritime power, but it is spread ...