The U.S. government is technically insolvent, with its liabilities far exceeding its assets, and its financial condition is deteriorating with each passing day. Washington seems to be addicted to ...

As the chart below demonstrates, federal spending is rising faster than federal receipts on a trailing 12-month basis, which is leading to a widening of the federal deficit. What this indicates is ...

The U.S. has already surpassed its 2025 budget deficit with about a month and a half left to go in its fiscal year. According to the Congressional Budget Office, the government is on track to ...

The federal budget deficit totaled $1.37 trillion in the first nine months of the current fiscal year, according to the latest monthly budget review from the Congressional Budget Office. The ...

Seattle's socialist mayor promised transformation. Ten months in, a $175 million deficit, staff turnover, and public-safety pressures are testing her agenda.

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...

Whitman County officials have started on a preliminary 2027 budget — work that includes shrinking a projected $2.5 million ...