Thanks to the annual surge in receipts as Americans pay their tax bills, the U.S. recorded a budget surplus of $258 billion in April. The surplus was...

President Trump signed a sweeping executive order on Monday aimed at lowering prescription drug prices and "equalizing" costs here with those in other...

The U.S. and China have agreed to sharply reduce their aggressive tariffs for 90 days as they seek ways to defuse the burgeoning trade war sparked by...

House Republicans on Monday released a multitrillion-dollar tax package that would make permanent many of the provisions in the 2017 tax bill while...

Treasury Secretary Scott Bessent said Friday that the debt limit may prevent the federal government from meeting all its obligations starting at some...

House Republican leaders had hoped to make significant progress this week resolving lingering internal differences on key elements of their massive...

FBI Director Kash Patel on Wednesday told House lawmakers that he needed more funding than the White House requested in its recent budget outline and...

The Trump-appointed acting administrator of the Federal Emergency Management Agency was fired Thursday, a day after he told congressional lawmakers...

As Republican lawmakers scramble to find ways to offset the revenue losses from their massive but still unfinished package of tax cuts, President...

As Republicans race to find hundreds of billions of dollars in spending cuts for their massive budget bill providing trillions in tax cuts, House...