Elon Musk's cost-cutting efforts at the Department of Government Efficiency have yet to reduce the federal deficit overall; it more than doubled month on month in February to over $1.1 trillion for FY ...

Learn how fiscal policies like government spending and tax changes impact budget deficits. Understand their influence on economic stability and growth.

We're continuing to track the big tax and spending bill winding its way through Congress, which would add $2.4 trillion to the U.S. government deficit over 10 years, according to the nonpartisan ...

# The Government slashed its fiscal deficit by 32 percent, or almost one-third, for the first two months of the current 2025-2026 Budget year due to a more than $50m decline in the amount of ‘red ink’ ...