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The federal government's 2026 budget shows sharp divide between defense and nondefense spending
The 2026 federal budget proposal sharply increases defense and security funding while reducing domestic program spending, reflecting the administration’s effort to redefine the government’s priorities ...
The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal ...
Corporate America loves huge and growing federal government deficits. Few corporate leaders will admit this, but the fact is ...
At 12:01 a.m. ET on Wednesday, the federal government entered its first shutdown since 2018, after two competing funding proposals, one from Democrats and another from Republicans, failed in the ...
The U.S government’s debt hit $37.6 trillion on Sept. 30, the end of the most recent fiscal year. To put that number in perspective, a stack of $1 bills in that amount would be 2.5 million miles tall.
For the first time in close to seven years, Congress failed to reach a budget agreement in time for the new fiscal year. As a result, the federal government shut down for 43 days, causing nationwide ...
I was struck, no, dumbfounded by this: Debt funded all federal government spending in 2025. The federal government plans to spend a total of $7 trillion in fiscal 2025 but only bring in $5.16 trillion ...
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