US could lose between $7bn and $14bn during shutdown, budget office says
Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demand The US is set to lose between $7bn...
Shutdown stretches into 28th day as Senate again fails to pass spending legislation
As funding for food aid program is about to be exhausted, Congress fails for 13th time to advance Republican bill The US government shutdown stretched into its...
US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’
While the European countries have brought their spending under control, the US president’s tax cuts and defence spending will lead to increased borrowing Donald Trump...
The U.S. already has a medical debt crisis. Republicans are making it worse.
By Julie Margetta Morgan, president of The Century Foundation America is in an affordability crisis. Electricity bills are rising at twice the rate of inflation. Grocery prices are soaring. Tariffs...
Government shutdown live updates as Senate fails to advance GOP bill to pay essential federal workers
What to know on Day 23 of the government shutdown: The Senate failed to advance a GOP-backed measure that would pay federal employees, military members...
U.S. debt tops $38 trillion for the first time, worsened by government shutdown
The U.S. gross national debt has surpassed $38 trillion for the first time, U.S. Treasury Department data shows. The country's mounting debt comes as the government remains closed,...
Tariffs are starting to bite consumers and businesses, economists say
Trump administration tariffs imposed this year on dozens of nations and a range of industries are fueling inflation, especially for goods that are widely imported...
‘No Kings’ protests draw large crowds in US cities to decry Trump
Protesters spanning all age groups took to the streets en masse for "No Kings" rallies across the United States on Saturday, denouncing what they view...
Government shutdown becomes third-longest in history with no end in sight
What to know on Day 19 of the government shutdown: The government shutdown hit Day 19 on Sunday, Oct. 19, with no end in sight, after senators failed for...