The gap between household income levels in both wages and spending rates began growing following the COVID-19 pandemic, and is expected to grow as tariffs and other fiscal policies take effect.

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people ...

Millions of people could lose access to federal food aid or Medicaid, according to the Congressional Budget Office’s latest ...

The debate over how taxes work in America is heating up, and it is a political showdown with real money on the line.

An analysis of Donald Trump’s tax and spending act issued Monday by the nonpartisan Congressional Budget Office (CBO) confirms that the measure, signed into law last month, transfers trillions of ...

To attract consumers with tight budgets, fast-food chains are bundling select menu items at around $5, but lower-income ...