Congressional Republicans criticize federal spending but face a significant deficit under their own policies, necessitating a balanced approach to reduce both spending and increase revenue.
Congressional Republicans criticize federal spending but face a significant deficit under their own policies, necessitating a balanced approach to reduce both spending and increase revenue.
The GOP's massive bill would add trillions of dollars to the country's debt
The massive tax cut and spending bill passed by the Senate is projected to add trillions to federal debt over the next decade, with estimates ranging from $3 to $4 trillion.
Government debt costs in richest nations at highest since 2007
The soaring costs of servicing government debt have outstripped other critical spending areas, including defense and public safety, presenting serious challenges for national budgets.