The sell-off in bonds accelerated as investors continued to fret over the US deficit, with the 10-year yield rising past 4.5% ...

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

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

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

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

An analysis of the bill by the Congressional Budget Office found that the lowest-income households will see their resources ...

Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...

The U.S. government posted a $258 billion budget surplus for April, up 23% from a year earlier, reflecting strong tax ...