News

Committee for a Responsible Federal Budget9d
House Reconciliation Bill Barely Slows Spending Growth
Although the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, ...
The U.S. spends $1 trillion a year to service its debt. Here's why experts say that's a concern.
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet that higher, experts say.
Forbes2y
Balancing The Federal Budget In 10 Years Without Raising Taxes Is Impossible
More (Photo by Win McNamee/Getty Images) Many House Republicans say they want to balance the federal budget in 10 years by cutting spending only. And they seem to have received a promise from ...
The Boston Globe2y
New forecasts show Medicare and Social Security spending growth rapidly outpacing the growth in federal tax revenues over the next 10 years.
The new forecasts, released Wednesday afternoon, project a $1.4 trillion gap this year ... slice of federal programs. On Wednesday, the budget office predicted Social Security spending would ...
KCBD1y
Arrington proposes trillions in spending cuts in new 10-year federal budget
It advanced a budget resolution for the first time in five years, one Arrington claims will ... Arrington acknowledged the most difficult part of balancing the federal budget is addressing mandatory ...
Reuters2y
US IRS to unveil $80 billion 10-year spending plan this week, Yellen says
WASHINGTON, April 4 (Reuters) - The Internal Revenue Service will unveil its long-awaited 10-year spending plan for $ ... in exchange for increasing the federal debt ceiling this year.
The Hill2y
Balancing federal budget in 10 years could require 41 percent cut to programs, when excluding Social Security: CBO
Hopes by lawmakers to balance the federal budget in a decade ... noninterest spending would have to be gradually reduced in the next 10 years until “it was 35 percent less than the amount ...
Morningstar3mon
10-, 30-year yields rise as traders eye a military-spending boom in Germany
pushing 10- and 30-year yields higher for the first time in three sessions, as traders appeared to look past a tit-for-tat trade war and focused on the prospects of a military spending boom in ...
The Daily Northwestern1mon
February’s 10% spending reduction foreshadowed life under a federal funding freeze, faculty say
As Northwestern faculty grapple with the implications of a federal funding freeze, they are already living with the effects of a 10 ... spending reductions, which were for the full 2025 fiscal ...
Reason7mon
Where Is Trump's Plan To Cut Spending?
Measured as a share of the size of the country's economy, federal spending ... year. For context: the interest on the national debt cost $892 billion in fiscal year 2024. That leaves less than $10 ...
Los Angeles Daily News3mon
These charts show you how big the federal budget is
Elon Musk and the Department of Government Efficiency are picking apart federal spending, trying to find areas of waste. Here’s a look at where all the money goes. The charts below are based on ...