Like any home or business, the federal government must pay its bills: Congress has little time to prevent a government ...

Explore three budget scenarios, including tax policy impacts and AI-driven productivity gains. Click here to read what ...

The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.

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 ...

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 ...

Amid the federal budget cuts of the late 1990s ... economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of The Myth of the Rational ...

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 ...

A look at state data offers insight into what’s at risk as Trump pushes to dismantle the U.S. Department of Education.