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.
CBO, U.S and Tax Cut
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CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
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U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
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.
President-elect Donald Trump will take the oath of office from inside the Capitol Rotunda Monday due to forecasts of intense cold weather.
President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.
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.
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.
President-elect Donald Trump has vowed across-the-board tariffs on a scale that hasn't happened in the U.S. in more than 50 years. The Congressional Budget Office recently estimated that such tariffs would shrink the budget deficit, but also reduce ...
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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.
Pam Bondi was pressed about the 2020 election and Trump's influence over the Justice Department, while Marco Rubio struck a more measured tone on the Russia-Ukraine war.
President-elect Donald Trump's inauguration will be the first, in a century, to fall on a federal holiday: Martin Luther King Jr Day. Check details on date, time and where to watch
With Donald Trump stepping back into office, advocates are warning that access to important environmental and public health datasets could be at risk. Information about climate change vanished from federal websites under Donald Trump,
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