“It's not going to add to the debt,” Johnson said.

Happy Thursday! Here's what we're watching while waiting to see if the New York Knicks can extend their season. After a U.S. federal court on Wednesday evening rejected a key part of President ...

Elon Musk says he’s “disappointed” by the costly new tax and spending package that House Republicans passed last week. In an ...

It's Wednesday! Congress is two days away from a shutdown deadline and Democrats face a brutal decision. Also today, Trump tariffs on steel and aluminum took effect, drawing retaliation from ...

Elon Musk and Vivek Ramaswamy said this week that they plan to target billions of dollars in “unauthorized” federal spending as part of their effort to trim waste from the budget. “DOGE will ...

Tax and spending proposals from both presidential candidates would increase budget deficits in the coming years by trillions of dollars, according to a new analysis from the Committee for a ...

House Republican lawmakers returned from their two-week recess Tuesday and resumed their chaotic infighting right where they left off. Georgia Republican Rep. Marjorie Taylor Greene, who 18 days ...

The Republican Study Committee, the largest conservative caucus in the House, released on Wednesday a 2025 budget proposal that would slash healthcare spending, raise the Social Security ...

Persistent budget deficits combined with a big jump in interest rates translate into a rapidly rising cost of servicing the national debt. According to an analysis by Bloomberg News, the annual ...

The U.S. government sent out more than $800 billion in pandemic stimulus checks over three rounds of payments in 2020 and 2021. A new study finds that those payments likely provided only a short ...

The Republican tax overhaul signed into law by President Donald Trump in 2017 requires companies to spread their tax deductions for research and development over five years, starting in 2022.

Inflation accelerated in March, as the consumer price index rose 8.5% on an annual basis and 1.2% on a monthly basis, the Labor Department announced Tuesday. It was the highest reading since ...