New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...
The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.
That’s 1% of gross domestic product, and almost 5% of total federal spending. The government payroll for other developed ...
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.
Unemployment ticked up slightly and the government shed 10,000 employees as DOGE’s job-slashing efforts and Trump’s economic ...
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 ...
By Margot Sanger-Katz and Alicia Parlapiano Reporting from Washington Republicans in government are hard at work refashioning federal spending through three major efforts, proceeding along ...
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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