Republicans were reportedly resorting to "magical thinking" to push through an extension of President-elect Donald Trump's ...

President-elect Trump is promising sweeping changes with his pro-growth agenda that will impact industries such as energy, ...

From installment deferral to home value transfer, we have some answers to property’s owners pressing tax questions.

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

Iowa Gov. Kim Reynolds sat down with KCCI Chief Political Reporter Amanda Rooker to discuss her priorities for the 2025 legislative session.