The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from ...

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 ...

Business tax breaks cut federal revenues by $77 billion this year, fattening the pockets of rich corporate insiders.

Federal spending is in the spotlight this year like never before, as the Trump administration has bypassed Congress and held up billions of dollars lawmakers had already approved for education.

The battle over next year's federal education budget has begun. Congress and the White House have released not one, not two, ...