News

Jasmine Laws is a US News Reporter at Newsweek ... and guidance from outside of Government, and will partner with the White House and Office of Management & Budget." In light of the announcement ...
The US economy contracted slightly to start the year, largely reflecting a bigger tariff-related trade hit but also a larger ...
The University of Pennsylvania’s Penn Wharton Budget Model makes that easy to do, cleaning up and analyzing raw data the ...
Outlays since Trump took office are up 8.7% for all the usual reasons: Social Security, Medicare and other insurance programs ...
Federal agencies and departments are spending more of your money than ever — far above the rate of inflation over the past quarter-century, despite headcount dwindling by as much as 26.7% from ...
The new blueprint shows that a vast array of education, health, housing and labor programs would be hit, including aid for ...
DOGE is cutting government spending, but overall spending is still up and the deficit has increased. Learn what that means ...
We explore what federal government spends its money on. By German Lopez and Ashley Wu Discussions about federal spending are difficult ... as a share of G.D.P. A chart shows federal debt as ...
Should a country’s gross domestic product include government spending? No, argued Simon Kuznets, the Nobel economics laureate who helped create the measure now known as GDP. When the US ...
The gap between US federal spending and tax ... Is that because spending is too high or tax revenue too low? “The federal government has a significant spending problem,” was Treasury Secretary ...
"No, no, no," said Lutnick. Federal government spending accounts for about 6.5% of GDP. It contributed 0.25 percentage point to the economy's 2.3% annualized growth rate in the fourth quarter ...
Expunging all government spending from GDP is another matter, as most federal spending in the U.S ... from GDP growth and see where that leaves us. A big gap opens up between the two lines ...