In his address to a joint session of Congress in March 2025, President Donald Trump set a bold goal for the U.S. government.

If you look closely, you can see some progress on cutting federal spending. At least that’s the conclusion of the respected Kim Strassel, writing recently in the Wall Street Journal before the ...

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with provisions set aside for health and Social ...

Federal deficits are soaring. The national debt is projected to hit 120% of GDP by 2036. Here's how that could affect North Carolinians.

America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office projects.

The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump's economic policies ...

The Congressional Budget Office has released its annual Budget and Economic Outlook for 2026 to 2036, and once again, CBO and the media are blaming the nation’s deficit problem on Republican tax cuts.