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 posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal ...

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 ...

Annual inflation rose to a 16-month high of 3.8% in October, adding to pressure on the government as it seeks to make savings ...

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 ...

Union leaders are warning that the simultaneous state and federal budget impasses have already started exacerbating one another, potentially leading to a much broader shutdown in public services than ...