Debt

The federal government's financial condition worsened by $4.7 trillion in the past year, according to a new report.

President Trump' and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.

Ultra-conservatives in the House are threatening to block a budget blueprint to kickstart tax cut negotiations, potentially delaying passage of Trump's economic plan.

House and Senate Republicans are battling over the size of spending cuts to be paired with a giant tax cut coming later this year.

The ASU clarifies how the existing guidance would apply to settlements of convertible debt instruments with cash conversion and other features.

The annual rush to pay Uncle Sam means the Treasury doesn't need to issue as much short-term debt as in other months to fund the U.S. government.

What are the major accounting considerations when evaluating complex debt and equity financial instruments?

Biden's team agreed to trim $21 billion over a decade from IRS enforcement and $28 billion from prior COVID spending.

McCarthy has told Biden that he did not intend to retreat from public refusals to accept additional taxes as part of an agreement.

The Treasury Secretary Janet Yellen underscored the urgency of the White House reaching a deal with Republicans to raise the debt limit.