History supports Moody’s assessment that “successive US administrations and Congress have failed to agree on measures to ...

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

The Treasury spent big on transfers to households via the Fed. A huge fiscal deficit emerged, and the national debt spiked upwards. But the Fed did not allow this to be reflected in higher interest ...

As the federal debt passes $37 trillion, the government’s interest expense is soaring. The President’s tax and spending bill will add to the debt.

Even before Musk fell out with Donald Trump, the agency’s projected savings had plummeted. But he nevertheless managed to ...

The fiscal hawks warn it’s “irresponsible,” “fails the American people,” and will doom the next generation. Elon Musk just ...

O N JULY 3RD Congress gave Donald Trump the Independence Day present he wanted: with a vote of 218–214, House Republicans ...

SACRAMENTO, Calif. — Sacramento City Council members voted on Tuesday night to approve a revised budget, closing a $62 million shortfall. The decision came after a lengthy meeting that included ...

Student uncovers UCLA budget deficit, USAC resolution calls for transparency Murphy Hall, which hosts the office of Vice Chancellor and Chief Financial Officer Stephen Agostini, is pictured.

WS/FCS interim superintendent Catty Moore says this fiscal year’s budget deficit could be greater than $42 million. She also spoke about the measures being taken to address shortfalls, prevent ...

WASHINGTON (Reuters) -The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion ...