Donald Trump’s attempt to align foreign aid with his America First policy is too blunt and will have deadly consequences.

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

House Republicans released their long-awaited budget resolution Wednesday, which will allow up to $4.5 trillion to be added ...

The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...

Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...

The Treasury Department will take "extraordinary measures" to avoid breaching the debt ceiling and potentially defaulting on its obligations. Congress will need to address the debt ceiling issue ...

Elon Musk's Department of Government Efficiency (DOGE) was created by President Donald Trump to curb wasteful spending and make the federal budget more efficient.

More than 5 million Americans have benefited under Biden's presidency due to his student loan forgiveness policies.

The cap at the time was $31.4 trillion. In a technical quirk, the US didn’t actually hit the limit on January 2 because the debt level was projected to dip that day due to the scheduled ...

At the helm of US debt management policy for the first time, Bessent left broadly intact former Secretary Janet Yellen’s agenda. The Treasury will next week sell $125 billion of debt in its so ...

Yellen said the Treasury would suspend investments in two government employee benefit funds through March 14, to claw back borrowing capacity under the $36.1 trillion debt ceiling. As of Thursday ...