While 2024 was a record revenue year, it was also a record spending year; spending is growing faster. Read more here.
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Elon Musk and Vivek Ramaswamy were tasked by President-elect Donald Trump to lead an effort to find and cut federal spending.
The chart, as provided in the tweet ... CBO projects that the federal budget will be $10.3 trillion in 2034 — and that Social Security and Medicare will account for more than half of the ...
Too much government debt is harmful to an economy and its citizens. Will Trump and Musk be able to restore fiscal sanity in ...
In a Wednesday interview on X, Elon Musk said cuts of $2 trillion to the federal budget might not be possible and was a "best ...
Data: Committee for a Responsible Federal Budget; Chart: Axios Visuals Both presidential candidates' agendas would add trillions to already-enormous U.S. fiscal deficits over the next decade ...