The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

"There are like almost 5 million able-bodied people on Medicaid who simply choose not to work," Jennings said July 1 on "CNN NewsNight with Abby Phillip." "They spend six hours a day socializing and ...

There are real — even generational — conservative victories in the massive bill Congress just passed, but we are still spending beyond our means.

The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...

The federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...

With its language and numbers final, the law itself may offer the clearest picture. However, some find themselves at odds ...

Medicaid cuts have received the lion’s share of attention from critics of Republicans’ sweeping tax cuts legislation, but the ...

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

US president Donald Trump signed his so-called ‘Big Beautiful Bill’ into law on 4 July, after the tax and spending package passed a final vote in the House of Representatives. The act extends tax cuts ...

The expected positive forces of the One Big Beautiful Bill Act and future interest rate cuts should soon outweigh the ...

A sudden drop in housing support would force territorial leaders to divert scarce revenue toward filling gaps in housing aid. This may hinder economic recovery, increase homelessness risks, and place ...

The House passed the “One Big Beautiful Bill Act” on July 3, which includes sweeping changes to healthcare and some pharma-related provisions.