President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their ...

The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders ...

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic ...

The merchandise trade deficit stood at $21.88 billion in May, according to data published by the country's commerce ministry. That compared with the $22.09 billion recorded in the same month a year ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Trump tax ...

The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what ...

The May jobs report indicated that the labor market is still solid, even if there are some concerning signs like the rise in ...

President Donald Trump and other top Republicans insist their tax-and-spending bill will slash the federal government’s budget deficit. Many House and Senate Republicans disagree. In recent ...

President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by ...

President Trump's massive tax and immigration bill will add $2.4 trillion to the deficit through 2034, according to the nonpartisan Congressional Budget Office.