Add Yahoo as a preferred source to see more of our stories on Google. Gent Shkullaku/ZUMAPRESS/Newscom When the government shut down for a few weeks in October 2013, then-President Barack Obama made ...

The U.S. federal government spent approximately $6.9 trillion in fiscal year 2023 — roughly 24% of the entire national GDP. With a national debt now exceeding $34 trillion, you’d think every dollar ...

Treasurer Jim Chalmers has made budget sustainability one of the key pillars of the reform roundtable to be held next week. Concern that budget spending is on an unsustainable trend has been caused by ...