Bond yields have spiked this week on investor concern over the tax bill swelling the US deficit. Here's why markets are ...

The House proposal would enact Trump's major campaign promises while dramatically changing Medicaid, food benefits, income taxes and border security.

Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one ...

The federal government is on track to borrow nearly $2 trillion this year. And while that budget deficit is a major concern ...

The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, ...

However, multiple independent analyses project that if implemented, the bill would increase deficits by $3 to $4 trillion ...

London equities fell on Thursday in broad-based declines as concerns over a deteriorating fiscal outlook in the U.S. and ...

Trump's budget plan passes House by one vote; Senate showdown next. Despite lower yields, US Dollar climbs as markets brace ...

President Trump promised to expand tax cuts while also slashing federal spending. So far, the math in Congress looks like a ...

Former Treasury Secretary Steven Mnuchin said he’s more alarmed by the country’s growing budget deficit than its trade ...