The United States spends $1 trillion on welfare and medicaid, which can be reduced while still increasing welfare benefits.

Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will still climb to $2.7 trillion in a decade, according to the CBO’s latest outlook, released Friday.

The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines.

The Trump administration ordered temporary freezes in funding for programs spanning virtually every part of the government.

The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit. The government fiscal year ...

Washington is racing to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially devastating federal default as soon as next week. Unpacking Biden’s ...

Billionaire Elon Musk has said his Department of Government Efficiency is aiming to cut $2 trillion from the federal budget. After his team gained access to the Treasury Department’s sensitive ...

Billionaire Elon Musk and his DOGE aides have made appearances at several federal government departments so far, raising concerns from workers wherever they go. Rep. Glenn Ivey, D-Md., discusses Musk ...