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Biden Looks to Raise Taxes on Wealthy and Corporations to Shave...

President Biden's top economic adviser said Friday that lawmakers should use next year's upcoming tax debate to try to reduce budget deficits by...

Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?

A crucial question hangs over the American economy and this fall's presidential election: Why are consumer prices still rising uncomfortably quickly, even after...

CBO Director warns lawmakers of rising deficit and interest costs

CBO Director Phillip Swagel testifies during the House Budget Committee hearing entitled "The Congressional Budget Office's Budget and Economic Outlook" on Wednesday, February...

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