tax cuts

The U.S. has already surpassed its 2025 budget deficit with about a month and a half left to go in its fiscal year. According to the Congressional Budget Office, the government is on track to borrow more than $2 trillion in fiscal year 2026.

Between tax cuts for U.S. households and corporate tax breaks, who’s actually footing the bill?

With all the uncertainty around how tech companies will actually make money on AI, investors are turning to companies that make stuff we can't go without.

The 51-48 vote came after 2 a.m. Thursday after Democrats sought to remove many of the proposed rescissions.

A look back at the history of the national debt, and what the GOP’s new budget bill might mean for the debt going forward.

The House version of the legislation would add $2.4 trillion to the deficit over a decade.

Historically, bond investors more or less swallow the debt the U.S. government takes on, but this time they may be less inclined to do so.

The package of bills seeks to pay for the extended tax cuts by making controversial reductions to entitlement programs and food aid.

Usually, the federal government spends to help people through recessions. Now, “there will be far less attempt to cushion the effects,” said political economist Mark Blyth.

The fight is over how to frame the numbers, one tax law expert says, because that changes the rhetoric. A Senate adviser will decide.