The White House on Tuesday revised down its projected fiscal 2022 deficit to $1.032 trillion, a $383 billion reduction from its budget forecast in March, reflecting stronger-than-expected revenues...

The U.S. budget deficit was sliced in half for fiscal 2022, the biggest drop in history following two years of huge Covid-related spending.

Administration officials touted the president's policies for speeding up the economy recovery and shrinking the budget gap.

It caps a year of resilient economic growth, even as many economists anticipated a recession.

Buoyed by wage growth and easing inflation, Americans are starting to feel more confident about the economy.

The Biden administration on Tuesday is announcing it will increase requirements for federally procured goods to be sourced domestically, a step officials say will boost U.S. manufacturing and suppl…

Biden proposes to impose a minimum tax of 25% on the rich, hike taxes on oil and gas companies and raise the corporate tax rate from 21% to 28%.

U.S. President Joe Biden will deliver what his aides are billing as a major economic policy speech on Wednesday, laying down a key marker for his re-election campaign.

Biden's Infrastructure Investment and Jobs Act is "driving a boom in large-scale infrastructure," wrote Morgan Stanley's chief U.S. economist.

Former White House Chief of Staff Ron Klain on President Joe Biden: “The measure of this president is the results he produces every single day, and avoiding this dangerous default was the latest of...

The White House is leaving a giant blank space for the cost for any potential climate and social spending agenda.

Economic growth in the United States has been so strong under President Joe Biden that Republicans have literally found themselves at a loss for words.

The factory-building boom that’s sweeping the US is not happening in other advanced economies, the Treasury Department said, highlighting a gap that’s opening up as the Biden administration plows...

President Biden has made clear for weeks that Congress must act to prevent default. Earlier this week, the President met with the four Congressional

A guide to understanding the impact of "Bidenomics"

Biden is racking up accomplishments domestically and internationally.

President Joe Biden's budget proposal on Thursday will aim to cut U.S. deficits by nearly $3 trillion over 10 years, far more than the $2 trillion the administration previously targeted.

Treasury Secretary Janet Yellen is visiting Illinois and electoral battleground Wisconsin this week to make a case for the Biden administration’s economic agenda and offer a reminder of the Trump...

Over the past year, we helped create jobs, reduce inflation, and give working families breathing room.

The Biden White House wants voters to know about its differences with Republicans over taxes. Lael Brainard, a top White House adviser, on Friday addressed the 2017 income tax cuts that are set to...

It’s imperative that observers stop seeing the Republicans’ debt ceiling crises as normal and start seeing them as scandalous.

The White House is blasting House Republicans, accusing them of taking steps to defund the police, while claiming President Biden will protect law enforcement and support crime-reducing programs.

President Joe Biden on Friday returned to Pennsylvania for the second time in eight days to tout one of the issues most on the minds of Keystone State voters: the economy.

President Joe Biden on Thursday continued to praise the recent GDP report and he gave credit to Americans for an economy that has exceeded expectations.

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also

Transportation Secretary Pete Buttigieg says a government shutdown would come at the "wrong moment" amid ATC staffing shortage

White House says Social Security field offices would close

The unemployment rate is now down to 3.5% — a level so low that the United States did not reach it at any point throughout the 1970s, 1980s, or 1990s.

As MSNBC's Chris Hayes summarized, "Joe Biden has one of the best economic stories to tell of any president in the last century."

Young, the new director of the Office of Management and Budget, is one of more than 300 political appointees to be confirmed thus far.

President Biden's $7.3 trillion budget wish-list puts dollar figures to his pledges in the State of the Union address. But actual spending plans are up to Congress.

The White House dismissed the tax-cut proposal offered by House Republicans as disproportionately benefiting corporations and the wealthy and likely to add billions to the deficit.

US economic growth unexpectedly picked up steam in the second quarter thanks to resilience among consumers and businesses in the face of high interest rates.

A significant majority rate their current financial situation as "good" or "very good"