The merchandise trade deficit stood at $21.88 billion in May, according to data published by the country's commerce ministry. That compared with the $22.09 billion recorded in the same month a year ...

President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by ...

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...

The number underlines Republicans’ challenges in selling the measure as fiscally sound and comes as GOP senators are making ...

The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what ...

The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their ...

New trade barriers threaten the larger and faster-growing part of the economy: the services industries that employ more than 80 percent of American workers.

Administration officials blocked publication of written analysis that normally accompanies the report because they disliked ...

Congressional budget experts project Trump's comprehensive tax legislation will generate substantial deficit increases while ...

Sen. Ron Johnson is breaking with President Donald Trump over a major spending bill, citing concerns about national debt and ...