U.S. federal budget deficits are projected to be nearly $1 trillion higher over the next decade due to tax and spending legislation along with tariffs, according to the Committee for a Responsible ...

The committee for a responsible federal budget's latest forecasts show a cumulative deficit of US$22.7 trillion from fiscal ...

The Congressional Budget Office has confirmed President Trump’s new budget law will trigger over $500 billion in Medicare ...

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to ...

It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the ...

Lawmakers from both parties have so far rejected steep cuts to the National Oceanic and Atmospheric Administration (NOAA) ...

With President Trump’s budget reconciliation bill, the One Big Beautiful Bill Act, signed, people are wondering how the new ...

The US government has spent over a trillion dollars more than it collected in revenue during the first 10 months of the 2025 ...

Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...

Russell Vought, the White House budget director and architect of Project 2025, would have vast authority to approve or block ...