Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

The department run by Elon Musk and Vivek Ramaswamy has no obvious insight into government spending but very obvious plans to put thousands of people out of work.

Top Trump administration officials are arguing that it is misleading to include government spending in the quarterly tally of GDP. It sets up a clash between the administration and economists over ...

Government spending never enhances economic growth precisely because governments only have money to spend insofar as they have taxable access to private economic activity. In other words ...

DOGE is cutting government spending, but overall spending is still up and the deficit has increased. Learn what that means for the economy and for your money.

About 6% of GDP is made up of discretionary government spending at the federal level. So cuts to federal spending will translate to a lower GDP.

Spending review in five charts: Who are the winners and losers in Rachel Reeves’ plan? Departmental spending will increase by 2.3 per cent each year, with some areas seeing real-terms losses ...

Here’s what else is in the bill: More disaster aid funding The spending bill provides about $100 billion to help Americans trying to recover from multiple natural disasters in 2023 and 2024.

Plus find out which countries all spent a greater proportion of their GDP than America did in 2022.

Thanks to the U.S. government's tradition of data transparency, there is a way to see exactly what money is going to government programs and agencies. O research group used it to create a widget.

DOGE is cutting government spending, but overall spending is still up and the deficit has increased. Learn what that means for the economy and for your money.