Experts say a sweeping package of tax cuts backed by former President Donald Trump could add more than $4 trillion to the federal deficit over the next decade, according to new estimates from the ...

When he first became president in 2017, Donald Trump promised to eliminate US government debt within eight years. Since that ...

In 2023, when he was campaigning to win back the White House, President Donald Trump said he would reduce the federal budget. "Instead of growing the size and scope of the federal government … we will ...

President Donald Trump's Director of the National Economic Council, Kevin Hassett, set the record straight Wednesday regarding the positive impact the administration is having on the national debt.

U.S. oil production is plateauing near record highs, making a 3 million b/d increase by 2028 increasingly unlikely. The CBO projects rising deficits and debt despite tariff revenues, driven by tax ...

In an onstage interview at the World Economic Forum on Jan. 21, President Trump was asked how he intends to tackle the gigantic increase in federal deficits and debt, which according to the ...

The U.S. national debt has hit a record $39 trillion. The deficit hit the milestone Wednesday just weeks into the ...

The U.S. trade deficit in goods and services rebounded to $56.8 billion in November, rising 95% from the previous month as President Donald Trump’s tariffs continued to cause huge fluctuations in ...