Government Spending

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

Federal workforce shrinks 12% as President Donald Trump's efficiency push takes effect, data shows, with thousands of government employees having left since September 2024.

Social Security benefits are facing automatic cuts starting in 2032 when a key trust fund is expected to reach insolvency, according to new CBO report.

The federal government is hemorrhaging about $1 trillion per year due to fraud, CEO of LexisNexis Special Services & LexisNexis Risk Solutions Government Haywood Talcove estimates.

The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.

Trump administration cancels $1.5 billion in federal grants to California, Colorado, Illinois and Minnesota, targeting transportation and CDC projects.

Prediction market traders assign high odds that the U.S. government will shut down this weekend following a brewing funding fight over President Donald Trump's immigration policies.

The U.S. economy grew at a 4.4% growth in the third quarter of 2025, beating expectations of 3.3% as consumer spending and exports drive the strong performance.

President Donald Trump said he plans to eliminate pharmacy benefit manager kickbacks to lower drug prices and insurance premiums for Americans under his new healthcare plan.

Trump proposes massive $1.5 trillion defense budget increase, up from $1 trillion plan. Budget watchdog warns it would add estimated $5.8 trillion to debt.

Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial measure could trigger an exodus from the state.

U.S. economy surprises with 4.3% GDP growth in the third quarter of 2025, beating expectations of 3.3% as consumer spending and exports drive the strong performance.

The Treasury Department moved to block illegal immigrants from federal benefits and financial system access as part of a broader Trump administration crackdown.

Trump's $2,000 tariff dividend plan could cost $600 billion annually, far exceeding current tariff revenues of $300 billion per year, budget watchdog warns.

U.S. bonds are outperforming after years of volatility, with 10-year Treasury yields falling as inflation pressures moderate even with some prices still elevated.

The Trump administration orders all SNAP recipients to reapply for food assistance benefits to combat widespread fraud in the nation's largest program.

The DOT and FAA issued an emergency order freezing flight reductions at 6% amid improving controller staffing levels as the government reopens following a 43-day shutdown.

President Trump criticized air traffic controllers who called out during shutdown, and proposed $10,000 rewards for those who stayed on job despite delayed paychecks.

The only thing the Schumer shutdown accomplished was agitating millions of Americans