The options on the table: cut spending, default on the national debt, raise the ceiling — or eliminate it altogether.

Between campaign promises and concerns about the deficit, updating the tax code in 2025 will be no easy feat.

President-elect Donald Trump has suggested he would cut or even eliminate income taxes, ramping up the role tariffs play instead.

The Committee for a Responsible Federal Budget says both candidates’ tax and spending promises would widen deficits, Trump’s by a lot more.

Spending plans proposed by former President Donald Trump and Vice President Kamala Harris would both add trillions to the national debt.

Decades after the promise of “The Great Society” for Americans, President Biden is once again changing the relationship between the economy and the government.

But this time may be different. One theory is that weaker data allowed companies to prepare and soften the economic landing.

Nobody wants to take the blame in an election year.

As the federal government tries to connect every home to high-speed internet by 2030, Kai Ryssdal visits a Kentucky town that already did that — 10 years ago.

The government is spending billions to expand internet access. But distance, low housing density and other factors complicate the plan.