Elon Musk, the head of President-elect Donald Trump’s government-shrinking initiative, DOGE, said he would cut “at least $2 ...

This week's House Budget Committee hearing showed bipartisan agreement about the seriousness of America's fiscal problems.

The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments ...

The U.S. House passed a mostly bipartisan bill to spend nearly $1 trillion on national defense, adding to the already growing ...

Trump has proposed big cuts to the federal budget, but any significant reductions could have an outsized impact in states ...

A wise and respected local financial adviser who asked not to be named in this editorial points to a Dec. 6 article by Clem Chambers in Forbes Magazine. It’s called "Strange Debt: How I Learned To ...

A new report from the Penn Wharton Budget Model argues that the federal debt can be slashed without sacrificing economic ...

Lawmakers called for a 4.5% federal pay raise to align with the military’s expected 2025 raise. Currently, civilian feds are ...

“The U.S. federal budget is on an unsustainable path. The debt is not at an unsustainable level, but the path is unsustainable, and we know that we have to change that,” Powell said during an ...

The $1.8 trillion federal budget deficit in the fiscal year that ... is not the only valid one. Compare U.S. government finances with those of the other affluent democracies in the Organization ...