News

US budget deficit grows to $1.3 trillion, the second highest six-month level on record
The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year. The Treasury Department ...
The Conversation20d
Federal budget 2025: here’s what we know so far
Total promised spending is $29.3 billion, excluding off-budget spending on education, and over a range of forward years. Data is sourced from federal government announcements.
Don’t be misled about what’s driving our budget deficit
Using this benchmark, we can attribute 71 percent of the 2025 deficit to spending policy decisions and 29 percent to tax ...
Hosted on MSN18d
Opinion: Trump and the federal employment issue
President Donald Trump and his DOGE director, Elon Musk, are having their way with reducing the number of federal employees to reduce the federal budget, arguing that the federal bureaucracy ...
Washington Technology6d
New tariffs spark industry shake-up for GovCon
Even Reagan, despite his austerity measures, didn’t significantly reduce the total federal budget—he simply reallocated it. If Trump follows the same conservative playbook, agency layoffs will ...
The Daily Princetonian11d
U. punts on releasing total operating budget after funding cuts, says it will support financial aid
In a meeting over the weekend, the Board of Trustees approved significant increases in undergraduate financial aid and ...