Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

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

Here's what you need to know. 5 Ways the Second Trump Term Could Affect Your Finances Income tax cuts are likely to be extended, but electric vehicle tax credits could disappear.

During the confirmation hearing for Scott Bessent in the Senate this week, Senator Elizabeth Warrant blasted nominee to be Treasury Secretary Scott Bessent over the Trump Administration's proposed Tax ...

Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

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

The fund manager will face senators at a confirmation hearing on Thursday ...

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

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 ...

Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...