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As Fed chairman, Powell has resisted Trump’s urging to cut interest rates. Powell is waiting for the tariffs to affect prices before making any changes.
A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...
Treasury Secretary Scott Bessent dismissed Elon Musk’s criticisms of the One Big Beautiful Bill Act, which the Senate recently passed. Musk has consistently complained that the tax legislation will co ...
The Supreme Court determined parents can “opt out” of letting their children see LGBTQ books in the classroom.
Trump announced two weeks ago that he and the U.K. had finally signed a trade deal. Trump also claimed Thursday that China ...
President Donald Trump held a rally the White House on Thursday afternoon to garner support for the federal budget bill that ...
Annual reports released by the Treasury Department on Monday revealed that the Social Security’s reserve funds, if combined, ...
That’s one year sooner than previously forecast, according to the just-released Social Security Administration’s annual ...
Social Security and Medicare Face Accelerated Insolvency In a shocking revelation, the Social Security program is now projected to run out of mo ...
Social Security and Medicare's trust funds will run out, causing a 23% reduction in benefits for Social Security and 11% for Medicare. Urgent legislative action is needed to protect beneficiaries.
The Social Security program is nine years away from insolvency, the Social Security Board of Trustees said Wednesday.
The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits. Here’s what you need to know.
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