Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

Veterans Affairs Secretary Doug Collins testifies during a House Committee on Appropriations budget hearing on Capitol Hill on May 15. (Yuri Gripas/AP) Congress will head into its Memorial Day recess ...

A proposed $18-billion cut to the NIH’s 2026 federal budget has frozen or terminated thousands of grants, sparking widespread alarm among researchers. Scientists warn the cuts could lead to a major ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

I’m a finance professor at UCLA, so let’s talk finance. Which numbers are more meaningful to you? Having $50 to $100 cash in your pocket (rough average for an American) or knowing the total U.S.

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...

The Trump administration’s 2026 budget proposes slashing $1.2 billion from the National Park Service, putting over 350 park sites—including 11 in Georgia—at risk of losing staff or shutting down.