Conversely, Trump’s advisory Department of Government Efficiency plans to push for decreasing spending on federal contracts.

Bush-era ruling, structure of tax provisions means both chambers would have to vote on a second budget blueprint before ...

North Carolina on taxes joins CNBC's 'Power Lunch' to discuss the national debt, whether he sees spending going down in the ...

The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 ...

Gov. Lou Leon Guerrero and the Guam Housing and Urban Renewal Authority filed a joint motion to dismiss the complaint brought ...

The U.S. Congressional Budget Office released new data this week showing that in the last calendar year, the federal deficit ...

Consumer spending will play a large role in the economy in 2025, driven by employment growth, wage gains in excess of ...

The U.S. is playing Russian roulette by not addressing the national debt. We need to get our act together before it's too ...

The defense ministers of Europe's five top military spenders said Monday they want to continue increasing their investments ...

A massive Los Angeles rebuilding effort will be shaped by the president-elect who disrupted the release of disaster aid to ...

The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024, $711 billion in the first three months of fiscal ...

The US federal government reported a $87.0B deficit in December, higher than expected, as revenue decreased and spending remained high.