United States President Donald Trump has proposed a $163 billion cut to federal spending next year, which would eliminate more than a fifth of the non-military spending excluding mandatory programs.

The U.S. federal budget deficit is expected to nearly double this year, growing to $2 trillion as a result of higher interest rates and lower tax revenue.

President-elect Donald Trump has floated establishing a “Department of Government Efficiency” to make steep cuts to the U.S. federal budget and appointing allies billionaire Elon Musk and ...

Six Nobel laureate economists say GOP-backed "big beautiful bill" will hurt millions of Americans and weaken the U.S. economy ...

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the Congressional Budget Office.

Take our quiz and test your own understanding of the trends and proportions behind the U.S. federal budget. Check Yourself The Post partnered with Gapminder, a Swedish nonprofit, to survey 600 ...

US federal budget deficit ends FY24 at $1.8T, up $138B Oct. 19, 2024 11:13 AM ET MAGA , DEMZ , ACVF , YALL , GOP , NANC By: SA News Team 29 Comments Play ( 3min ) ...

The numbers: The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39% ...

Trump budget would slash federal rental aid by 40% The proposal would cut off rental subsidies after two years for able-bodied adults. Advocates warn if enacted, the White House plan would tip ...

The U.S. federal government spent $380.0B more than it earned in August, ... That brings the government's fiscal year-to-date budget deficit to $1.90T, up 24% from the same period a year ago.