O N JULY 3RD Congress gave Donald Trump the Independence Day present he wanted: with a vote of 218–214, House Republicans ...

GOP Representative Robert Bresnahan voted for Trump’s budget on Thursday, conveniently after he dumped his shares of stock in ...

The U.S. government's spending dramatically increased between 2019 and 2020, and over the course of the subsequent three years, it gradually decreased, fiscal data from the U.S. Treasury shows.

Interest payments, Social Security and health care have driven most of the increase since February 2020, and there’s no will ...

The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress. The totals are based on fiscal year 2023.

The national debt already exceeds $36 trillion and is growing at historic rates. That has cascading consequences for the government and economy.

The CBO, a non-partisan budget agency, last week issued fresh forecasts for the U.S. budget deficits for the next 10 years. They showed a slightly improved fiscal picture compared to its previous ...

Over the past decades, the U.S. has run a budget deficit, meaning that it spends more than it receives in revenue. The federal budget is often politicized by both sides of the Congressional aisle ...

Federal Reserve Chair Jerome Powell said the U.S. is on an unsustainable fiscal path and called for course correction after the national debt surpassed $36 trillion.

Data: Committee for a Responsible Federal Budget; Chart: Axios Visuals Both presidential candidates' agendas would add trillions to already-enormous U.S. fiscal deficits over the next decade ...

The total U.S. federal budget is $6.1 trillion, and in fiscal year 2022, the U.S. sent $70.4 billion in foreign aid. That is 1% of the total budget.