President Joe Biden left America so far in the red it's almost impossible to imagine. The US is is already $36 trillion in ...

Brookings Institution researchers drew attention to an article by long-time Republican Mitch Daniels in the Washington Post, ...

Honest Democrats have acknowledged that President Donald Trump and Elon Musk are fixing problems that should have been ...

Debt rises when the government spends more than it collects. When we examine federal spending (see chart below) we find it tends to increase during times of war and during a crisis. For example ...

As congressional Republicans try to extend President Donald Trump's 2017 tax cuts, some are considering an unusual plan to ...

The Republican-led Budget Committee approved a sweeping proposal to unlock Trump's agenda, sending it to the full House.

I do not think it means what you think it means” For decades, journalists, economists, politicians and central bankers have said that the U.S. federal debt is on an “unsustainable” path.

Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...

Inflation skyrocketed. The federal debt ballooned. The economy took a hit but got back up. Since Donald Trump’s first inauguration in 2017, it has been almost normal to see a spike, a dip or a ...

House Republicans released a budget resolution on Wednesday, laying a foundation for approving President Trump's agenda.