Citing large and growing budget deficits and rising interest costs, Moody’s Analytics on Friday reduced its credit rating on U.S. government debt...

House Republicans took a couple of big steps forward on their sweeping, partisan budget bill on Wednesday via key committee votes that advanced both a...

House Republicans are entering what they hope is the final stretch of their race to pass their massive bill containing much of President Trump’s...

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...

President Donald Trump said Friday he would be fine with a significant drop in the tariff he imposed on China but left it to his Treasury chief to...

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