Tax revenue increased by about 3 percent last year, but spending increased twice as fast. And interest payments on the debt ...
The U.S. government is technically insolvent, with its liabilities far exceeding its assets, and its financial condition is deteriorating with each passing day. Washington seems to be addicted to ...
As in 2024, with polls open for the midterm elections, the cost of living remains voters’ top priority. As for investors, ...
The Federal Government publishes the spending and revenue numbers on a monthly basis. Looking at the average monthly deficit, both October and December were much larger than average, with November ...
The Center Square's Voters' Voice Poll found that 47% of voters surveyed think that simply cutting government waste, fraud, ...
Debt and deficits are not inherently destructive; they fund spending that becomes income for households and businesses, supporting economic activity. The federal government ran a deficit of roughly $1 ...
Federal outlays grew nearly as much, from $6.735 trillion in 2024 to $7.01 trillion in 2025. The main drivers were an additional $294 billion spent on Medicaid, Medicare, and Social Security. Last ...
WASHINGTON, DC - APRIL 10: U.S. Sen. Jeff Merkley (D-OR) speaks to reporters during a news conference on the impacts of the Republican budget proposal at the U.S. Capitol on April 10, 2025 in ...
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