America has had gigantic budget deficits and debt that have been dangerous and ballooning for years, yet it’s only recently ...

When Donald Trump ran for president in 2016, he promised to pay down the national debt within eight years. Instead, the debt ...

It's no secret that Uncle Sam has been living beyond his means. During the past 25 years, U.S. national debt as a percentage ...

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House ...

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, echoed: "Despite being more than a quarter into ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

The total national debt of the United States has hit $38 trillion, an unwelcome milestone that comes as lawmakers grapple with a looming fiscal reckoning. The unwanted achievement comes amid a ...

The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

Janet Yellen said the government's ballooning debt burden could reduce the Fed's ability to address unemployment and ...