The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

Presidents have a significant impact on both the national debt and the budget deficit because they propose the federal budget to Congress each year. As of April 2024, President Joe Biden has ...

Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.

The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the ...

The budget results for October, the first month of the 2025 fiscal year, come after President Joe Biden's administration turned in a full-year fiscal 2024 deficit of $1.83 trillion, the largest ...

David Ditch is a senior policy analyst in budget policy in the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation. President ... 19 drove up budget deficits in 2020 and ...

BALTIMORE -- Maryland lawmakers face a budget outlook worse than during the Great Recession in 2008-2009, with a $2.7B budget ...

Given that the federal government hasn't balanced its books in decades and the budget deficit just keeps growing and adding ...