Shifting energy consumption patterns and resource distribution may lead to conflicts between advanced economies and other nations, while also necessitating a restructuring of industrial production ...

A menu of tax cut proposals made by President Trump and Republicans could add north of $9 trillion to the nation’s deficits ...

It would take more than $7 trillion of ten-year savings to stabilize debt at the size of the economy by Fiscal Year (FY) 2034.

“The US’s fiscal strength is on course for a continued multiyear decline, driven by widening federal budget deficits, a ...

The U.S. International Development Finance Corporation must be reauthorized this year, providing policymakers an opportunity ...

Republican leaders are looking to include $2 trillion in spending cuts over a decade in an eventual bill as counterparts in ...

The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, which was reinstated on January 2, will need to be lifted in advance of the ...

The CBO made its prediction in its long-term budget and economic outlook report, which spans from 2025 to 2055. In the report, the CBO also said it expects publicly held debt to reach 156% of gross ...

Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...

Moody's added to the growing list of US debt warnings in a report that sounded the alarm on the deteriorating fiscal ...

The GOP is effectively pulling a reverse Robin Hood, giving tax breaks to the rich and taking away resources from the poor to ...