The federal spending deficit will almost certainly increase in 2025, forecasters say, as President-elect Donald Trump is ...

Early talk from Elon Musk on the proposed Department of Government Efficiency draws worry from budget battle veterans that he ...

The federal deficit reached $1.8 trillion, or 6.4% of GDP, last fiscal year, a record outside of war, recession or emergency.

Deficit spending by the Federal Government rose by 28 per cent, Year-On-Year, YoY to N12.1 trillion in the first ten months of 2024, from N9.8 trillion recorded in the same period of 2023.

To be sure, some of the Biden-Harris deficit spending was also because of the ... made or were made in the incorrect amount.” ...

Congress’ spending deal was a mess. Trump and Musk’s response was disastrous. Donald Trump’s second presidential term did not ...

Brown University officials have announced a set of actions they will take over the next several years to reduce a structural budget deficit of $46 million. In a December 17 communication to the ...

She explained that with inflation added into the equation, the projected deficit would be $5.1 billion for the 2028-29 budget period. Gov. Walz described that deficit as "pretty inescapable" and ...

But, as the foreign aid example shows, so far Musk appears to be looking at small but headline-grabbing proposals with little potential to meaningfully reduce the federal budget deficit.