The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

Minnesota Gov. Tim Walz called for spending cuts Thursday in a $65.9 billion two-year budget proposal that includes a modest ...

In the horse-trading to preserve Trump’s tax cuts, some House Republicans seek a SALT cap increase. Right now, the House has ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

Already facing a $17 million shortfall, Des Moines worries tax abatements for revitalization, growth may have to be cut or ...

President-elect Donald Trump’s signature tax cut bill could hinge on a House Republican fight over state and local tax ...

Fox News senior national correspondent Rich Edson has the latest on the Senate confirmation hearings for President-elect ...

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending ...

A cut in Connecticut taxes has not been widely discussed at the Capitol this year amid spending battles, but Gov. Ned Lamont ...