But the effect of the agreement is to continue federal spending at the same exaggerated level that has recently prompted ...

Resident John Mahama’s 2025 budget aims to focus on fiscal discipline, youth empowerment and social interventions, while also ...

While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January due to a drop in income.

New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...

Ray Dalio, the billionaire founder of hedge fund Bridgewater Associates, has a warning for the Trump administration: commit ...

Government spending eased slightly on a monthly basis though it still far outpaced revenues, according to a Treasury ...

The Louisiana senator has been tapped to consult with the president on a strategy for avoiding a federal default.

CHENNAI: The debt burden of the Tamil Nadu government will burgeon to ₹9,29,959.30 crore by March 31, 2026, according to the ...

Elon Musk and Donald Trump’s Department of Government Efficiency (DOGE) has made some cuts, but these amount to only 1.25 ...

The US debt currently sits at around $36.6 trillion and the government is, once again, approaching its legal borrowing limit.

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...