The U.S. national debt has hit a record $39 trillion. The deficit hit the milestone Wednesday just weeks into the ...

In 2023, when he was campaigning to win back the White House, President Donald Trump said he would reduce the federal budget. "Instead of growing the size and scope of the federal government … we will ...

President Trump's economic claims in his State of the Union address are not supported by economic statistics, as the U.S. has lost jobs, experienced inflation, and increased its federal deficit and ...

The Congressional Budget Office warned Wednesday about the nation’s fiscal trajectory as it raised its projection for the 2026 deficit to $1.9 trillion and said that the cumulative deficit from 2026 ...

The Supreme Court's invalidation of the president's sweeping import levies has blown a bigger hole in federal finances.

The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump's economic policies ...

For supply siders, higher taxes are like kryptonite to an economy, discouraging businesses from investing and damping entrepreneurial activity. And yet, the economy has proved remarkably resilient ...

Industrial revival requires investing in competitiveness, not reshuffling bilateral trade accounts.

DOGE and other types of federal chaos did not improve the federal deficit in a meaningful way. It did contribute mightily to a lot of local harm.