How does the federal government allocate the trillions of dollars it spends every year? According to polls, the government spends a lot of money on foreign aid and welfare. But of course those polls ...

Americans estimate the federal government wastes 59 cents of every dollar it spends, according to a new survey by the Cato ...

New government data shows that rising government spending on entitlement programs is outpacing tax receipts and contributing ... market updates, tech and money news that matters to you.

Senate Republicans on Wednesday rolled out a 70-page blueprint to advance President Trump’s tax agenda, along with directions ...

If the federal government spends more money in a year than it brings in through taxes, it will have a budget deficit that year. Since the government funds its operations through debt, the bigger ...

It calls for more tax cuts and fewer reductions in spending. It would increase the federal debt by a lot more.

Now, we must wait for the Senate to approve the spending bill, which is separate from the one passed in mid-March to avoid a ...

The Guardian reports that Reeves will say that some government ... taxes on "ordinary working people". While the Treasury would be able to bring in some extra money with an extended freeze on income ...

As Congress hashes out spending and tax cuts, a Cato survey shows widespread public support for shrinking the scope of the federal government.