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

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

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 ...

House Republicans unveil comprehensive plan for reconciliation bill that could allegedly cut federal deficit by over $1 ...

United States President Donald Trump has claimed that unearthing and ending fraud nationwide would eliminate the country’s ...

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

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 ...

House Republicans unveiled a new "big, beautiful bill," which the Republican Study Committee said could cut federal deficit ...

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

During October, tax revenue remained robust at $404 billion, suggesting that the impact of October’s 20-year high in layoffs has yet to be felt. Year over year, the federal deficit grew in October by ...