The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

Central planning is bad, which means government spending is bad. Contra the most prominent number in economics (GDP), ...

At about the size of the entire U.S. economy, the national debt is on track to exceed its post-World War II record of 106% ...

The costs were higher because of a larger budget burden, the CBO said, as well as "higher long‐term interest rates and an ...

The Republican-led House of Representatives has passed its “One, Big, Beautiful Bill,” but before you dig into the more than 1,000-word tomb, it’s probably better to wait until the Senate puts its ...

For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...

A New Jersey school district facing a massive budget crisis this year will also have money problems for the remainder of the ...