Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at ...

The breadth of actions harming low- and moderate-income people over the last year is staggering, with huge cuts to health ...

The Trump administration's tariff experiment is finally producing numbers big enough to match the rhetoric. The headline ...

Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a ...

The outlook has brightened for federal science budgets, but political appointees are likely to have a big say in how that ...

Another challenge is that fraud is not easy to root out entirely. Historically, "only a small percentage of tax dollars lost to fraud are ever actually recovered by the government," said Bob ...

President Donald Trump has repeatedly framed his sweeping tariffs as a kind of magic bullet for America's finances, promising they would shrink the trade gap and help wipe out Washington's red ink.

The trade deficit has narrowed to its smallest since mid-2020, down more than 35% over last year — and more proof that President Donald J. Trump’s America First trade agenda is working.

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...