Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing government spending and national debt.

The spending cuts and reforms to Medicaid and SNAP in the One Big Beautiful Bill will be phased in through 2028, but most ...

The Treasury Department reported federal spending growth has declined under President Trump with outlays falling 2.5% in the ...

The U.S. national debt surpassed $38 trillion for the first time this week, growing at a record pace driven by spending ...

It’s tough to decide what the most appalling part is of today’s announcement from the Treasury: that we surpassed an unprecedented $38 trillion in gross national debt; that we’ll likely hit the next ...

With the Affordable Care Act navigator budget cut by 90%, an Austin nonprofit is  seeking funds to bring more of the state’s ...

A new program touted to give $50 billion in federal funding to rural hospitals won’t necessarily keep rural hospitals from closing, according to several experts in rural health. The funding is part of ...

Idaho has 27 rural hospitals like Valor Health in Emmett, and they're all feeling the impacts of budget cuts at the state and federal level. These changes could significantly impact patients and the ...

So there are two kinds of government spending: mandatory and discretionary. Now mandatory spending accounts for about ...

The governor’s office now projects a $267 million deficit for the current fiscal year 2026 budget. Corporate tax cuts enacted at the federal level, combined with tariffs and declining consumer ...