Profligate spending by the federal government causes inflation and inhibits the economic freedom of Americans.

Elon Musk's DOGE efforts have saved roughly $100 billion. But that's nowhere near enough to bring fiscal sanity and stop the national debt from reaching $40 trillion.

Dealing with delinquent tax debt can be scary, even for the most seasoned taxpayers. If you don't pay off what you owe quickly, the letters from the Internal Revenue Service (IRS) arrive with ...

Disagreements on spending cuts, the process and the debt limit are combining to slow a House-Senate agreement.

President Donald Trump wants to replace income tax revenue with tariff revenue, says NEC Director Kevin Hassett. Tax Foundation projects that potential tariff revenues would make up only a small ...

With tax filing season well underway, the Canada Revenue Agency has told 450 of its term employees across the country that their contracts won’t be renewed at the end of the month. Etienne Biram ...

Clay Hodges, director of national tax at professional services firm Moss Adams, told Newsweek: "While the IRS has made progress in modernization, reduced staffing could slow the processing of ...

Learn strategies for whittling down what you owe, and get insight into the best approach depending on your debt load. Many, or all, of the products featured on this page are from our advertising ...

Merz had pushed to unlock German defense spending in advance of a crisis summit of the EU’s 27 national leaders in Brussels on Thursday ... from the restrictions of Germany’s constitutional debt brake ...

Also, whether you take the DIY route or use a debt settlement company, you may face an income tax liability. If you reach a settlement and at least $600 in debt is forgiven, you’ll likely be ...