White House budget office rescinds federal funding freeze memo
The Trump administration’s Office of Management and Budget released a new memo Wednesday rescinding a controversial memo issued late Monday that froze a wide swath of federal financial ...
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How DOGE can cut $2 trillion from the federal budget each year
Elon Musk, the head of President-elect Donald Trump’s government-shrinking initiative, DOGE, said he would cut “at least $2 trillion” from the federal budget during the initiative’s 18 ...
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Federal judge temporarily blocks Trump administration's funding freeze
The judge wrote that the budget office did not cite any legal authority that allowed it to unilaterally suspend the flow of federal funds to states and other entities and said "no federal law ...
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WATCH: Feds project U.S. debt will hit $52 trillion by 2035
(The Center Square) – The Congressional Budget Office's most recent report delivered a grim outlook for federal finances ... for long," she said. "The United States has built a dangerous ...
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U.S. borrowing hits $710 billion in first 3 months of fiscal year
according to the latest Monthly Budget Review. Federal agencies, including the CBO, expect deficit spending to continue despite promises from Trump and others to cut the federal budget.