An agency-by-agency look at how President Donald Trump and his advisors plan to dramatically shrink the federal government.

The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget.

The One Big Beautiful Bill Act loosens fiscal policy; the Fed will need to decide whether to tighten in response ...

It has been six months since Donald Trump began his second term as US president. In that time he has shaken trading relations ...

June 2025 fiscal flows signal short-term caution and likely SPX declines in July, but liquidity unlocks and Fed rate cuts ...

WGLT and public broadcasters across the country are assessing an uncertain future after Congress voted after midnight Friday ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

The debt changes will deliver major benefits to recent graduates, but much less to current students and nothing to future students.

James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

The charts below explain the cuts’ effects. In 2023 America spent $80bn on foreign aid, including money for humanitarian ...

The bill will provide $170 million to ramp up enforcement, hire new immigration agents and build more of the president's border wall.

President Trump's "big, beautiful bill" includes major changes to federal spending and tax policies. The Congressional Budget ...