State and local governments rely on federal funding for Medicaid, food assistance and more. Which states receive less than what they send?
The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.
Unemployment ticked up slightly and the government shed 10,000 employees as DOGE’s job-slashing efforts and Trump’s economic ...
This resulted in federal net outlays surging well above the historic average of 20% of GDP, while revenues as a percent of GDP were close to their historic average (see chart) The main concern is ...
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
President Donald Trump’s attempts to slash federal spending have provoked a fiscal melee across the government — and mass confusion about what is happening with hundreds of billions of dollars ...
DOGE, headed by unelected billionaire Elon Musk, is spearheading these federal layoffs to cut what it considers wasteful government spending. In 2024, the government spent almost $7 trillion.
As already noted, though, most federal spending now consists not of consumption ... economics and other topics involving charts. A former editorial director of the Harvard Business Review, he ...
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Dept of Ed spending soared 749% despite downsizing, new DOGE-inspired initiative reveals"In many federal agencies, spending has outpaced not just inflation ... picture of the government as it stands." As the group charts more agencies, it will periodically release their findings.
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