Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations — while spending $7.3 trillion on defense, ...

Travis Gettys is a senior editor for Raw Story based in northern Kentucky. He previously worked as a web editor for WLWT-TV and a contributing writer for the Kentucky Enquirer, and he also wrote for ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

Federal spending is in the spotlight this year like never before, as the Trump administration has bypassed Congress and held up billions of dollars lawmakers had already approved for education.