In just two months, Trump added another $1.5 trillion of deficit reduction in the form of new tariffs, CBO said. Still, the One Big Beautiful Bill Act will raise deficits by $3.4 trillion.

Rep. Thomas Massie (R-Ky.) warned on Tuesday that President Donald Trump's policies will increase the budget deficit this ...

President Trump, talking to Fortune on May 18, 2026, did not bury the lede. “It really pisses me off,” he said of the Supreme ...

WASHINGTON—President Trump is reshaping how the federal government collects money and where that cash gets spent—while doing little, on net, to rein in yawning federal deficits. In Trump’s first year ...

The White House immigration hawk and deputy chief of staff is pointing the finger in the wrong direction when assigning blame ...

A federal trade court on Thursday struck down tariffs President Trump imposed to replace import taxes that the Supreme Court struck down earlier this year. A three-judge panel of the U.S. Court of ...

Ludicrously lying to a joint session of Congress in February, President Trump said he would balance the federal budget "overnight." In reality, debt is now approaching the highest level in U.S.

The Court of International Trade issued a 2-1 opinion last week striking down President Donald Trump’s latest tariff scheme under Section 122 of the Trade Act of 1974. The Section 122 tariffs had been ...

WASHINGTON (AP) — The world is getting more uptight about lending money to President Donald Trump’s government — causing ...