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 ...
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.
ABC News on MSN11d
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 billions of dollars in government contracts.
TIP: Inflation Up, U.S. Fiscal Stability Down
The risk with TIP is increased because it is inflation-backed. The Treasury can theoretically create money to repay debt, but ...
President Trump is slashing funds to US government services like the IRS — here’s why this tax season could be extra risky for Americans
It is unlikely the IRS will be able to secure more resources under the new administration. Trump has suggested eliminating ...
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 ...