Efforts to cut government spending and eliminate waste are dwarfed by the rising costs of the social safety net programs and ...

Investing.com -- The U.S. federal government’s $6.8 trillion spending in fiscal 2024 is unlikely to see significant cuts next year, despite calls for restraint, as structural and political ...

The nonpartisan Congressional Budget Office released a report analyzing 76 policy options for reducing the federal budget ...

The Senate passed the measure and sent it to President Biden’s desk, shortly after the midnight deadline for funding to lapse ...

These institutional contrasts make presidents — not individual representatives — the natural focus of voter accountability for federal spending. Yet, despite the president’s implicit ...

The $1.8 trillion federal budget deficit in the fiscal year that ended in September was the third biggest ever in dollar terms, trailing only the pandemic deficits of the 2020 and 2021 fiscal years.

The $1.8 trillion federal budget deficit in the fiscal year that ended in September was the third biggest ever in dollar terms, trailing only the pandemic deficits of the 2020 and 2021 fiscal years.

President-elect Donald Trump upon returning to Washington will seek to jettison what he sees as excessive federal spending, and Wells Fargo economists project there will be marginal reductions ...

Investing.com -- The U.S. federal government’s $6.8 trillion spending in fiscal 2024 is unlikely to see significant cuts next year, despite calls for restraint, as structural and political obstacles ...

The next administration and Congress will take office in January, and one of the numerous policy changes under discussion is reducing federal spending. In this report, we take a deep dive into the ...