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

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

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders ...

A top Trump official and two other economists published a paper outlining how business tax cuts boost economic investment as ...

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Trump tax ...

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

The May jobs report indicated that the labor market is still solid, even if there are some concerning signs like the rise in ...

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

President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.