Winston-Salem/Forsyth County Schools has updated the amount of its existing deficit from $42 million to $46 million. That revelation was made in the Forsyth ...

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

The average taxpayer’s piece of the $37-trillion federal debt is about $240,000, or six years of the median income.

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

With nearly half of the deficit now attributable to interest expenses, the federal budget has become highly sensitive to interest rate dynamics. US federal expenditure: dynamics and composition ...

ERBIL, Kurdistan Region - Iraq's economy showed signs of stabilization in the first quarter of 2025, with inflation dropping ...

Government spending surpasses growth-optimal levels, stifling private sector growth. Read about the impacts on economic ...

Even with cuts to Medicaid, energy programs, and food assistance, the revenue loss is not offset. The bill assumes future spending cuts will kick in, but history suggests otherwise. Temporary tax cuts ...

President Trump’s new spending bill will increase federal deficits, adding to a debt load that’s already grown more than 50% since 2020.

The federal government’s annual program spending is projected to be more than $500 billion during the current fiscal year ...

Daines disputes GOP budget bill's estimated $2.4T federal deficit increase despite evidence Victoria Eavis Jun 13, 2025 0 ...