The national debt stands at more than $36 trillion, and interest payments alone topping $1 trillion last year, the question of whether America can grow its way out of debt has taken center stage.

She's a Dem. He's GOP. They're friends and they agree on this: Medicaid cuts won't fly in the Senate. But not on this: Travel ...

Office of Management and Budget director Russ Vought defended the Trump administration's economic package as 'fiscally responsible' despite concerns about adding to national debt.

Chiseling away at President Barack Obama’s Affordable Care Act. Rolling back the green energy tax breaks from President Joe Biden’s Inflation Reduction Act.

Unable to defend their health-care cuts on the merits, congressional Republicans have pivoted to magical thinking.

Johnson however said Musk was "flat wrong" about his criticisms on the spending bill and its effect on the deficit. The ...

The president gave an optimistic speech promising to bring down inflation, as potential buyers are hoping it will bring ...

President Trump's 'One Big Beautiful Bill Act' aims to extend the 2017 Tax Cuts and Jobs Act, sparking debate over its ...

White House Office of Management and Budget director Russ Vought disputed the Congressional Budget Office's assessment that the "Big, Beautiful" budget reconciliation package will not reduce spending.

Fiscal hawk Ron Johnson stands firm against Trump's budget bill, contending it lacks substantial cuts while highlighting ...

The Trump administration’s tax and spending bill is prompting reaction from both sides of the aisle, including in Illinois.

A Tax Limitation Balanced Budget Amendment (TLBBA) is proposed as a solution to control spending. President Trump’s “big, ...