Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to ...

The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...

The U.S. Treasury Department released the latest Monthly Treasury Statement on Tuesday, Jan. 13, revealing that the federal ...

Another challenge is that fraud is not easy to root out entirely. Historically, "only a small percentage of tax dollars lost to fraud are ever actually recovered by the government," said Bob ...

"In the financialized U.S. economy, each dollar of deficit spending may flow into a dollar of corporate profit." ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

Gov. Gavin Newsom’s proposed budget “does not materially address” long-term concerns, a key analyst warned Sacramento ...