U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.

The federal government ran a big budget surplus in April, but don’t get too excited. Uncle Sam hasn’t solved its spending ...

Trump's first budget since reclaiming office seeks to make good on his promises to boost spending on border security while ...

Republican House Speaker Mike Johnson confirmed that current discussions about the $7,500 federal tax credit for electric ...

Coming up with a final federal budget always involves arm twisting and other negotiating tactics as everyone lobbies for ...

Congressional Republicans in both chambers are attempting to make cuts to federal spending while also boosting defense ...

Almost nothing about the BCA happened according to plan. The 2011 law led to sudden cuts after a congressional failure to agree on long-term deficit reduction.

California’s economic output has surpassed $4 trillion a year and in doing so slipped past Japan to become, were it a nation, ...

Republican Texas Rep. Jodey Arrington said Sunday that lawmakers need to tackle the growing U.S. national debt and reduce the ...