Budget hawk Sen. Rand Paul (R-KY) on Tuesday mocked the Senate plan to cut $9.4 billion in Biden-era spending, demanding that if the chamber can’t make cuts of $100 billion or more, then the “public ...

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

Milwaukee County Transit System plans to use federal COVID-19 relief funds to close a projected $10.9 million budget deficit this year. However, concerns are mounting over a larger structural ...

The U.S. government ran a $27 billion budget surplus in June, fueled in part by record tariff revenue, according to ...

The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...

THE Government will cut spending in Budget 2026 due to the “significant risk” of job losses caused by Donald Trump’s tariffs.

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

The US government posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and record-high interest costs ...

The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...

During fiscal year 2022, the US budget deficit was slashed in half, falling to under $1.4 trillion, amid a winding down of pandemic-related spending and a jump in revenue from the surging economic ...