The federal government borrowed $1.3 trillion during the first six months of the current fiscal year, the Treasury Department ...

Federal spending is actually higher this year than it was at this point in 2024 ... Federal debt as a share of G.D.P. A chart shows federal debt as a share of gross domestic product, from 1900 ...

It would allow Republicans to cut taxes by more, trim spending ... again in 10 years. That means that, while their costs are the same initially, the new version could increase federal deficits ...

The Trump administration is formulating plans to cut roughly a third of the federal health budget, eliminate dozens of ...

Federal Reserve Chair Jerome Powell on Wednesday reiterated the long-held view of Fed chairs going back decades that growth ...