Big changes are ahead for Americans if the Trump-backed bill becomes law. Republicans are trying to pass it by a self-imposed ...

Annual US military spending increased by $81 billion over 2023, and a staggering $344 billion over the past decade, the organization said in its annual report. ... Medicare and Medicaid.

The U.S. budget deficit in July increased 10% from a year ago, driven by higher government spending and bigger interest payments on the national debt.

Despite Republican priorities, the bill proposes substantial cuts to Medicare. According to the Congressional Budget Office ( CBO ), the legislation could trigger automatic cuts of up to $500 ...

A new poll shows most U.S. adults don't think the government is overspending on the programs Republicans in Congress have focused on cutting, like Medicaid and food stamps.

And though spending in South Korea went up only 1.4% in 2024, Seoul has the “highest military burden in East Asia,” at 2.6% of GDP, the institute said.

"One of the first meetings I want to have is with President Xi of China, President Putin of Russia," US president Donald Trump said on February 13. "And I want to say, 'let’s cut our military ...

The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, the Treasury Department said on Monday.

On both sides of the political aisle, very few U.S. adults think the country is spending too much on Social Security and Medicare, according to the January AP-NORC poll.

But that’s still in the neighborhood of just 60% of the United States' military spending. Russia, mired in an ongoing war with Ukraine, spent a record $148.9 billion on its military in 2024—a ...

About one-third of U.S. adults say the federal government is spending “too much” on the military. About one-third say the military is getting “too little” funding, and another one-third ...

A similar share say spending is too low for Medicare, ... Firms led by US military veterans deliver aid in Africa and Gaza, alarming humanitarian groups. Business June 22, 2025.