Key Takeaways The U.S. economy is increasingly propped up by federal deficit spending, which, by one estimate, effectively ...

The president aims to cut federal jobs and health spending, while extending tax breaks and boosting military outlays.

(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...

A new economic analysis warns that the “One Big Beautiful Bill Act,” signed into law on July 4, 2025, could add between $3.7 ...

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

One of the DOGE officials leading Elon Musk’s DEI purge of US government departments says he does not regret costing people their incomes despite it having no effect on the federal deficit. Nathan ...