The budget office has not released estimates of debt, deficits, economic growth or other traditional metrics, breaking ...

Enacting a rescissions package is a first step toward the major deficit reduction this country needs. We are borrowing nearly $2 trillion annually, on pace to hit record debt within a few years, and ...

Elon Musk and the Department of Government Efficiency are picking apart federal spending ... The charts below are based on information from the Congressional Budget Office, which does nonpartisan ...

(TNND) — The White House sent Congress its 2026 "skinny budget" that it says will pump up defense spending ... s discretionary budget request substantially addresses those big drivers of federal ...

Vought said the cuts would generate trillions of dollars necessary for balancing the federal government’s overall budget. “Cutting such spending from the discretionary budget leads to ...

President Trump's budget proposal would cut 22% of non-defense discretionary ... spending on things like Social Security, Medicare and Medicaid continue to be the biggest drivers of the federal ...

October and November were massive deficit months followed up by a modest December. On average, all three months were way worse than history. While 2024 was a record revenue year, it was also a ...

Understanding the Federal Budget Expenses listed in the budget are classified as either mandatory or discretionary spending. Mandatory spending is stipulated by law and includes entitlement ...

President Trump's budget proposal would cut 22% of non-defense discretionary ... spending on things like Social Security, Medicare and Medicaid continue to be the biggest drivers of the federal ...