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 ...

Trump’s tariffs would also reduce the size of the US economy by about 0.06 percentage points per year on average and cause a ...

A top Trump official and two other economists published a paper outlining how business tax cuts boost economic investment as Republicans debate these policies in their tax legislation.

The Congressional Budget Office estimates President Donald Trump’s tax cuts would add $2.4 trillion to the national debt and ...

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’s One Big Beautiful Bill Act will increase the federal deficit by about $2.4 trillion over a 10-year period ...

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

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

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

Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff ...

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 ...