That cost jumps closer to $4 trillion once rising interest payment costs are taken into account, according to fiscal experts.

The Senate’s top Democrat scored one tiny, largely meaningless win: Using Senate procedure, he forced Republicans’ official ...

Under that assumption, the JCT reported this weekend that the tax portions of the Republican megabill would cost just $442 ...

The sweeping Republican tax-and-spending bill that would deliver on much of President Donald Trump's agenda would increase ...

Views and Analysis Congress Just Pushed the U.S. Toward a Debt Crisis. The Fed Can't Save Us. — Washington Post Editorial Board The Last Gasp of Small-Government Conservatism — Dana Milbank ...

Janna Herron, a senior editor for The Fiscal Times based in New York, oversees the Life and Money channel that covers financial issues that touch people and their families. Before spending a year ...

Happy July 1, or as it's known to some here in New York, Bobby Bonilla Day. In Washington, D.C, President Donald Trump's signature policy bill squeaked through the Senate by the slimmest of ...

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 ...

Standing behind a podium in the Rose Garden, President Bill Clinton delivered a bold prediction 20 years ago. “Well ahead of the most ambitious schedule, America has balanced the budget,” he ...

The legislative branch would have coequal power with the executive branch headed by the President as a way to keep the head of state from using his power to become a tyrant. The judicial branch ...

Opinions about tax policy are divided in the U.S. along fairly predictable partisan lines, with Republicans typically expressing preferences for lower taxes compared to Democrats, but how do those ...