The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.
Presidents have a significant impact on both the national debt and the budget deficit because they propose the federal budget to Congress each year. As of April 2024, President Joe Biden has ...
The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the ...
Mortgage rates shot up today on the news of a Trump win. Lead Analyst Logan Mohtashami looks at where they are headed in the ...
Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.
The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...
The U.S. government had a monthly budget deficit of $257 billion in October, as spending on health programs ramped up and collection of corporate taxes fell. The figures released Wednesday follow the ...