The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.
Explore three budget scenarios, including tax policy impacts and AI-driven productivity gains. Click here to read what ...
while revenues as a percent of GDP were close to their historic average (see chart) The main concern is that the federal budget deficit has swelled. It exceeded 6% of GDP in 2024, roughly twice ...
By Margot Sanger-Katz and Alicia Parlapiano Reporting from Washington Republicans in government are hard at work refashioning federal spending through three major efforts, proceeding along ...
That’s 1% of gross domestic product, and almost 5% of total federal spending. The government payroll for other developed ...
Elon Musk and the Department of Government Efficiency are picking apart federal spending, trying to find areas of waste. Here’s a look at where all the money goes. The charts below are based on ...