Bessent believes that deregulation, reordered global trade and lower government spending can pay for tax cuts. The actions of ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

If Republicans fail to get the votes on their own to lift the debt ceiling, with the deadline expected in August or September ...

The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...

Republican Sen. Ernst wants the IRS to improve its technology so business owners can apply for an employer identification ...

Department of Government Efficiency deputy Sam Corcos and Treasury Secretary Scott Bessent break down efforts to end wasteful ...

Johnson said the Senate was “coming around” to supporting a debt ceiling increase as part of the legislation. Senate Majority ...

The Congressional Budget Office warned on Wednesday that the government could run out of money to pay its bills as early as ...

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...

There are “no guarantees” there will not be a recession in the US, although there could be an adjustment, Treasury Secretary ...

The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress ...

Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped ...