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Soaring prices have been a political albatross for the Biden administration.

The administration could raise tariffs on electric vehicles from China to 100 percent in an attempt to protect American auto manufacturers.

Congressional Budget Office projections released on Wednesday said a growing economy and recent spending cuts had slowed deficits.

Congressional Budget Office projections released on Wednesday said a growing economy and recent spending cuts had slowed deficits.

The widening gap between what the government spends and what it earns comes as Congress continues to spar over the proper levels of federal spending.

The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to...

Borrowing remained elevated last year as spending fights loom in a divided Congress.

The publication of former President Donald J. Trump’s private tax documents comes amid questions about why the I.R.S. failed to fully audit him during his...

The president’s recent comments on Social Security, the deficit and economic growth claim credit where it is not always due.

America’s borrowing binge has long been viewed as sustainable because of historically low interest rates. But as rates rise, the nation’s fiscal woes are getting...