The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.

Read about the history of deficit spending in the United States, dating back to 1789, ... ideally a combination of the two. In the U.S. for example, to increase revenues/taxes, ...

“The out-the-door price after this increase will be $17.44,” said Morgan Stinson, chief financial officer at the Department ...

The massive U.S. tax and spending bill slated for a final vote in Congress runs counter to the International Monetary Fund's ...

Another May Revision, another budget deficit — this time for $12 billion. ... Owners of EVs skew wealthy, so this program is an example of spending subsidizing the wealthy.

The budget deficit should be cut to 3% of GDP from what it is currently projected to be (about 6% of GDP), and these cuts can come from 3 sources (spending cuts, ... For example, we don’t know ...

Examples of how those surplus funds have been deployed in recent budgets include: ... the city would enter the next fiscal year with a budget deficit of $33.4 million.