The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...

Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

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 ...

The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...

House Republicans unveiled a new "big, beautiful bill," which the Republican Study Committee said could cut federal deficit ...

The U.S. government posted a $145 billion budget deficit for December, up 67% or $58 billion from a year earlier due to ...

Gov. Gavin Newsom’s proposed budget “does not materially address” long-term concerns, a key analyst warned Sacramento ...