The longer run projections show a very gradual return to balance. But this assumes no recession and no further income tax ...

Extending President Donald Trump's 2017 tax cuts could push the national debt to vast levels by 2054, especially if interest rates rise, according to a new estimate by the Congressional Budget Office.

The Tax Cuts and Jobs Act was the largest tax code overhaul in nearly 30 years. Extending the 2017 legislation would reduce federal tax revenue by $4.5 trillion over the next 10 years, according ...

Despite the setbacks, most Americans now have a favourable view of Obamacare (see chart 6). Polling showed that favourability ...

If the Trump-era tax cuts are made permanent, the deficit would rise even further—by $6 trillion over the next 10 years. To comply with Senate rules, most of the tax cuts would have to expire by ...

They narrowly passed a budget resolution that would allow for $4.5 trillion in tax cuts over 10 years and $2 trillion in spending reductions over the same time period. The resolution didn’t ...