Key Takeaways A federal judge has ruled that the federal government must refund much of the tariffs it collected.The refunds could put a dent in the federal budget to the tune of $133 billion.The ...

Federal health programs will cost over $26 trillion through 2036, under the Congressional Budget Office (CBO) baseline, making health care the largest category of federal spending. In this piece, we ...

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

Since its release in May 2025, the President’s FY 2026 budget has received a lot of attention for its proposed changes to entitlement programs, especially Medicaid. However, it also proposes major ...

President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...

The spending bills effectively freeze funding for most programs aimed at supporting older adults. In some cases, the measures raised spending by small amounts.

The Federal Government publishes the spending and revenue numbers on a monthly basis. Looking at the average monthly deficit, both October and December were much larger than average, with November ...

Add Yahoo as a preferred source to see more of our stories on Google. Trucks are parked at a Petro truck stop in El Paso, Texas. The federal spending bill signed by President Donald Trump on Tuesday ...

Investigators have found a large underworld of fraud in Minnesota’s welfare programs. In one scandal, 57 people were convicted of stealing benefits from a children’s food program. In another scandal, ...

Federal outlays grew nearly as much, from $6.735 trillion in 2024 to $7.01 trillion in 2025. The main drivers were an additional $294 billion spent on Medicaid, Medicare, and Social Security. Last ...