The latest news on budget talks between President Donald Trump and the Republican-controlled Congress indicates that the financial risks to Social Security and Medicare, as well as to the entire ...

Crisis** The federal deficit has surged to alarming levels, now reaching proportions not seen since World War II. As the Congressional Budget Office (CBO) recently reported, the ...

The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

The estimate — equivalent to more than three times LA County’s annual budget — would rank the wildfire toll second only to ...

The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.

There is no other Cabinet position that has to engage with lawmakers in Congress across so many disparate technical issues, ...

Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...

The United States has the smallest defense budget in nearly 100 years. If the U.S. is in a cold war, it seems to be cheaper and less urgent than the last.

In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.

The Congressional Budget Office in 2021 projected federal ... nations to increase defense spending to 5 percent of GDP [gross domestic product] which is what it should have been years ago.” ...