A budget watchdog has sounded the alarm, warning that this would not be sustainable.

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

The U.S. House tanked a balanced budget resolution to curb the federal government’s practice of racking up trillion-dollar ...

A new report cautions that growing federal debt not only guarantees a day of reckoning but hobbles chances of fixing the situation. The Federal Government Will Face the Next Crisis Burdened by Debt ...

The amendment, led by Rep. Andy Biggs of Arizona, fell short on a 211-207 vote, below the two-thirds threshold required for constitutional amendments. Every Republican who took part in the vote ...

While many areas of the country held elections Tuesday, Congress continued to shirk its main job: passing a budget for fiscal year 2026, which began on Oct. 1. Tuesday marked the 35th impasse day.

Funds for yet another government program are on track for depletion and could put higher education further out of reach for millions of Americans, according to research from the nonprofit Committee ...

Since its release in May 2025, the President’s FY 2026 budget has received a lot of attention for its proposed changes to entitlement programs, especially Medicaid. However, it also proposes major ...

As the impacts of federal budget cuts continue to be felt on the West Coast, California lawmakers heard from state officials ...