Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.

America’s sovereign-debt spiral has been building since Washington embarked on large budget deficits in the 1980s. As the tab rose from about 30% of GDP towards 100% in the 21st century, the Treasury ...

The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...

Rep. Marjorie Taylor Greene offered this opening statement as she chaired the first hearing of the House DOGE Committee: REP. MARJORIE TAYLOR GREENE: This hearing of the Subcommittee on Delivering on ...

Donald Trump’s attempt to align foreign aid with his America First policy is too blunt and will have deadly consequences.

The House Budget Committee is set to mark up a budget resolution for Fiscal Year (FY) 2025 that would facilitate the ...

Prices in million-dollar suburbs in Australia's most expensive city are still soaring even without the benefit of an interest ...

Speaking to reporters for the first time since he took charge of the Trump administration's cost-cutting initiative, Elon ...

A secret meeting of exchequer chiefs from the U.S., United Kingdom, France, West Germany and Japan was held at New York’s ...

Amid the three major concerns of debt, revenue and expenditure management, West Bengal Minister of State for Finance ...

In a recent discussion, Elon Musk highlighted a critical fiscal issue: the United States' interest payments on its national debt have now surpassed the entire Defense Department budget. He emphasized ...

"I'm really disappointed," House Freedom Caucus member Rep. Eric Burlison, R-Mo., told USA TODAY. He said he's urging Arrington to require $2.5 trillion in cuts, which he said would be the minimum ...