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

The U.S. government reported a $145 billion budget deficit for December, a 67% increase from the previous year. The rise is ...

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

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 ...

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

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 ...

California will face a lower budget shortfall than in previous year in 2026 as the state is set to cut back undocumented ...

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