Elon Musk is looking to cut government waste. Here's what the US spends money on right now.
Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. The US spends the most on ...
US deficit starts new fiscal year 286.8% higher
The United States began the new fiscal year with a $257 billion budget deficit, a drastic increase from the prior year's start.
US Sees Wider Budget Gap at Fiscal Year Start on Health Spending
The US budget deficit widened further at the start of the fiscal year, driven primarily by higher spending on health and ...
Committee for a Responsible Federal Budget7d
12-Month Rolling Deficit Totals $2.0 Trillion in October 2024
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the ...
Committee for a Responsible Federal Budget9d
FY 2024 Ends with $1.8 Trillion Deficit
The U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing ...
Federal Budget: Trump Inherits A $1.8T Annual Deficit
The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.
Maryland lawmakers face new $2.7 billion budget deficit, ‘worst situation we’ve seen in the last 20 years’
Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next budget year ...
Editorial: Why are interest rates rising while the Federal Reserve is cutting? Trump deficit worries could be at work.
Bond investors have sent Treasury yields significantly higher in recent weeks even as the Federal Reserve has cut interest ...
Republicans raise concerns about Illinois’ budget projections showing major deficits
A report forecasting major budget deficits for the state of Illinois is getting the attention of Senate Republicans. Earlier ...
The Business Journals11d
Pritzker’s budget office projects $3.2B deficit in early look at upcoming fiscal year
As for the impending $3.2 billion deficit, the report noted only it “will be addressed in the Governor’s Fiscal Year 2026 Introduced Budget.” But, the report noted, spending reductions ...