US inflation picked up broadly at the start of the year, further diminishing chances the Federal Reserve will cut interest ...

The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.

"Freeing these resources [from eliminating wasteful spending] for the private sector will probably increase long-term prosperity but will surely hurt short-term growth. Paying government workers to ...

In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...

Republicans in the U.S. House of Representatives released their budget resolution. The resolution, according to the Center ...

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

House Budget Committee Chair Jodey Arrington (R-Texas) floated a framework for advancing President Trump’s legislative agenda ...

As Elon Musk’s Department of Government Efficiency pushes to cut jobs and bureaucracy, many who chose careers in public ...

Congressional Republicans may seek to drastically cut Medicaid by imposing per capita caps, which would place a hard cap on per-person federal Medicaid spending. At a time when people across ...

The United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according to the latest ...