The president aims to cut federal jobs and health spending, while extending tax breaks and boosting military outlays.

WASHINGTON -- The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap ...

U. S. House lawmakers Thursday discussed a proposed framework for reducing federal deficits and slowing the growth of the ...

The US budget deficit was already on shaky ground before the Iran war, and reports that Pentagon will seek an additional ...