Time is running short for Capitol Hill Republicans hoping to pass President Trump’s massive tax and spending plan by his self ...

Tensions between Washington, Canadian and European allies’ defense spending have overshadowed NATO for a number of years.

NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart ...

The national debt already exceeds $36 trillion and is growing at historic rates. That has cascading consequences for the ...

We're continuing to track the big tax and spending bill winding its way through Congress, which would add $2.4 trillion to the U.S. government deficit over 10 years, according to the nonpartisan ...

DOGE is cutting government spending, but overall spending is still up and the deficit has increased. Learn what that means for the economy and for your money.

It’s also the ALL-CAPS amount of money President Trump wants to spend on defense—amid the frenzied downsizing of the rest of the federal government—in fiscal year 2026.

President Trump’s 2026 “skinny budget” is out, and at first glance it gives small-government advocates reason to cheer. It proposes deep cuts to domestic agencies, calls for eliminating ...

WASHINGTON — The White House released President Donald Trump’s 2026 budget proposal Friday, hoping to slash, if not zero out, spending on many government programs. It seeks a sweeping restructuring of ...

The U.S. economy boomed after the Reagan tax cuts took effect, and government tax revenues increased from $394 billion in 1981 to $601 billion in 1989. Similarly, after President Donald Trump signed ...

A chart compares daily cumulative federal spending by day in 2022, 2023, 2024 and 2025, through March 26 of each year. Federal spending is higher this year than it was at this point in 2024.

Elon Musk’s Department of Government Efficiency (DOGE) is delivering powerful anecdotes of wasteful government spending, inefficiencies, and fraud, but will continue to struggle to achieve permanent ...