US posts $129 billion January deficit on calendar shifts, higher outlays
The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...
Hegseth directs Pentagon to find $50 billion in cuts this year to fund Trump military priorities
Defense Secretary Pete Hegseth has directed the military services to identify $50 billion in programs that could be cut next ...
ABC News on MSN10d
As Musk works to slash federal spending, his own firms have received billions in government contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received ...
Jane's Information Group5d
US federal debt nears 98% of GDP, says US GAO
The US Government Accountability Office (GAO) released its annual report to Congress on the country's fiscal health on 5 ...
federalnewsnetwork.com2d
That alarm bell about the nation’s fiscal health is growing louder and louder
The government will once again spend a trillion dollars more than it takes in this year, according to the Government Accountability Office.
Trump, Online Posts Misrepresent Government Subscriptions to News Services
Both the Biden and Trump administrations subscribed to Politico and other news services. But President Donald Trump and online posts have misleadingly claimed the media outlets were being funded by ...
Explainer-What is Trump doing - and not doing - to tackle the US debt?
President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...