The U.S. Treasury Department released the latest Monthly Treasury Statement on Tuesday, Jan. 13, revealing that the federal ...

Another challenge is that fraud is not easy to root out entirely. Historically, "only a small percentage of tax dollars lost to fraud are ever actually recovered by the government," said Bob ...

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

The U.S. fiscal picture is improving, helped by spending cuts in education and stronger tax revenue from tariffs and wage ...

Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

WASHINGTON — U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending ...

Reduce tax carve-outs like SALT and do more to reduce spending and reform Medicaid. Treasury yields gave up early gains to end a volatile session lower as markets grew more concerned about the U.S.

Polish bank stocks were weaker after the country’s finance ministry outlined plans to increase the corporate income tax rate paid by lenders in a bid to shore up its budget. The tax-and-spending ...