While 2024 was a record revenue year, it was also a record spending year; spending is growing faster. Read more here.

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

I think if we try for $2 trillion, we’ve got a good shot at getting 1 [trillion],” Musk said in a January interview.

The budget deficit continues to balloon, with the Q1 2025 budget shortfall running 39.4 percent higher than the same period ...