As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
President-elect Donald Trump will take the oath of office from inside the Capitol Rotunda Monday due to forecasts of intense cold weather.
Pam Bondi was pressed about the 2020 election and Trump's influence over the Justice Department, while Marco Rubio struck a more measured tone on the Russia-Ukraine war.
President-elect Donald Trump has vowed across-the-board tariffs on a scale that hasn't happened in the U.S. in more than 50 years. The Congressional Budget Office recently estimated that such tariffs would shrink the budget deficit, but also reduce ...
He stressed he would follow the law, even as he emphasized Trump’s desire to overturn the 1974 Impoundment Control Act that requires congressional approval to rescind spending.
Republicans' renewed probe into federal telework sets the stage for how President-elect Donald Trump may approach a possible return-to-office mandate for feds.
George Will, an anti-Trump columnist for The Washington Post, wrote a scathing assessment of President Biden's actions as president as he prepares to leave office.
President-elect Donald Trump's inauguration will be the first, in a century, to fall on a federal holiday: Martin Luther King Jr Day. Check details on date, time and where to watch
With Donald Trump stepping back into office, advocates are warning that access to important environmental and public health datasets could be at risk. Information about climate change vanished from federal websites under Donald Trump,
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.