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 ...

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 ...

The U.S. fiscal picture is improving, helped by spending cuts in education and stronger tax revenue from tariffs and wage ...

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

This figure, while still denoting a deficit, is a slight improvement compared to the previous month’s deficit of -$173.0B.

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

"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 ...

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

At about the size of the entire U.S. economy, the national debt is on track to exceed its post-World War II record of 106% within the next three years. The 3% target would help to stabilize the debt ...