Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

The Republican Study Committee (RSC) released a comprehensive blueprint to execute Trump's agenda while balancing the federal ...

Meanwhile, the Peterson Foundation updated its projection: the U.S. would be spending more on defense than the next 35 ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

The federal government's budget deficit has grown by more than $300 billion in the first five months of fiscal year 2025, according to the latest data. The Treasury Department's latest monthly ...

Veterans Affairs Secretary Doug Collins testifies during a House Committee on Appropriations budget hearing on Capitol Hill on May 15. (Yuri Gripas/AP) Congress will head into its Memorial Day recess ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...

Federal education policymakers find themselves at a critical intersection of budget policy and human investment as they consider budget reconciliation legislation. Updated, March 4, 2025: This post ...

The Federal Government publishes the spending and revenue numbers on a monthly basis. The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget ...

I’m a finance professor at UCLA, so let’s talk finance. Which numbers are more meaningful to you? Having $50 to $100 cash in your pocket (rough average for an American) or knowing the total U.S.