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 U.S. budget deficit has grown ... increased disaster assistance to the Federal Emergency Management Agency and Defense Department spending. The widening deficit, which occurs when spending ...

The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, the ...

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

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

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

The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses ...

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.

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