October and November were massive deficit months followed up by a modest December. On average, all three months were way worse than history. While 2024 was a record revenue year, it was also a ...

The University of Pennsylvania’s Penn Wharton Budget Model makes that easy to do, cleaning up and analyzing raw data the ...

The nonpartisan Congressional Budget Office (CBO) released an analysis that broke down the changes in federal spending and tax revenue, which found that the former far outpaced the latter.

Elon Musk and the Department of Government Efficiency are picking apart federal spending ... The charts below are based on information from the Congressional Budget Office, which does nonpartisan ...

The House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add ...

Elon Musk and Vivek Ramaswamy said this week that they plan to target billions of dollars in “unauthorized” federal spending ...

Trump is trying to push his 'big beautiful tax and spending bill through Congress. Here's who would benefit the most – and who could get hurt.

The White House has released President Donald Trump’s 2026 budget proposal. It seeks to slash, if not zero out, spending on many government programs.