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

U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Treasury Secretary nominee Scott Bessent warned that the US faces an economic crisis that will hammer middle- and ...

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending ...

Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the ...

Outgoing Treasury Secretary Janet Yellen warned that plans by the incoming administration to extend the 2017 Republican tax ...

Republican members of the chief House committee on taxes said if Trump's tax cuts expire small businesses could begin paying ...

US Treasury Secretary Janet Yellen warned Wednesday that plans to extend President-elect Donald Trump's 2017 tax cuts -- ...

Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.

The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return will soon ...