Trump's debt diet is working, and we are seeing the positive impacts on the federal budget deficit. The debt is shrinking.

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

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

California will face a nearly $18 billion budget deficit in the new fiscal year due to higher than expected spending, despite an economic boon largely driven by AI enthusiasm and strong revenue, the ...

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 ...

The resolution expresses the sense of the House of Representatives that the United States should reduce and maintain the federal unified budget deficit at or below 3% of GDP while acknowledging that ...

The gloomy story of Europe’s economic struggles is easily told. A model based on American protection, Chinese demand, Russian energy and rules-based globalisation cannot thrive in a world where ...