Treasury Secretary Scott Bessent is on Capitol Hill testifying before the House Ways & Means Committee hearing.

U.S. President Donald Trump and his Republican allies in Congress are determined to enact his tax-cut agenda in a political ...

The 25 biggest individual tax debts in New York as of May averaged over $17 million apiece, according to data from the state ...

Treasury Secretary Scott Bessent refrained from arguing that the tax legislation Republicans are working to finalize in ...

Concerns about the national debt from Elon Musk and some Republican lawmakers is complicating the path to passage for Trump's ...

Florida U.S. Sen. Rick Scott lets trillions of dollars slip away in his 'common sense' argument for fiscal responsibility in ...

Former England winger Trevor Sinclair has been adjudicated bankrupt over a £36,000 tax debt. The former QPR, West Ham and ...

The United States owes more than $36 trillion. Washington now spends close to $2 trillion more each year than it collects in ...

You negotiate with your creditors to pay less than you owe and walk away clean. But the reality is that while debt settlement ...

The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...

Retirement savings are another area of concern. Market volatility tied to fiscal instability could lead to unpredictable ...

Congress needs to do the work and revise the bill so that it does produce growth and offsets the debt accumulation.