President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation ...

The GOP has a tough task ahead: dealing with a looming financial crunch in Washington. Key parts of the 2017 Tax Cuts and Jobs Act (TCJA) will expire, adding to ...

OUR national debt stood at P15.19 trillion ($273.9 billion) since October 2024. The country's gross domestic product (GDP) is ...

The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...