Federal Budget News

The U.S. Congress is described as dysfunctional and irresponsible, having only fulfilled its primary fiscal responsibilities four times since World War II. The

The U.S. national debt's interest payments have reached a record 18.5% of revenue, totaling $1.25 trillion annually, surpassing the 1991 record and raising conc

The US national debt has surpassed the $40 trillion mark, more than doubling in a decade, prompting concerns about the nation's fiscal stability.

The US federal budget deficit reached $1.8 trillion in the first 10 months of fiscal 2026, with July alone seeing a record $432 billion shortfall. This surge is