Government Spending

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

The incoming Trump administration's Department of Government Efficiency compares the cost of illegal immigration on U.S. taxpayers to the price tags of other projects.

President-elect Trump named economist Kevin Hassett as his choice to serve as the director of the National Economic Council, which helps develop the White House's economic policies.

Iowa Republican Sen. Joni Ernst sent a letter to Elon Musk and Vivek Ramaswamy outlining areas where the Department of Government Efficiency (DOGE) can cut costs.

President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent, has a 3-3-3 plan that aims to curb budget deficits while spurring economic growth and energy production.

The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.

FOX Business' Stuart Varney reacted to President-elect Trump selecting Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency to chop waste and fraud out of the U.S. government.

Department of Government Efficiency (DOGE) co-lead Elon Musk is pointing to famed economist Milton Friedman's take on which federal agencies should be scrapped.

President-elect Trump's DOGE, led by Elon Musk and Vivek Ramaswamy, is reportedly considering the creation of a mobile app for taxpayers to file their returns more conveniently.

President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.

Vivek Ramaswamy and Elon Musk's Department of Government Efficiency will pursue the elimination of some federal agencies and massive reductions in the federal workforce.

The Department of Government Efficiency that President-elect Trump has tapped Elon Musk and Vivek Ramaswamy to lead could look at regulators with overlapping jurisdictions.

Billionaire Elon Musk, who will help lead Trump's Department of Government Efficiency, addressed a crowd at the the America First Policy Institute gala at Mar-a-Lago.

The Department of Government Efficiency (DOGE), which President-elect Trump tapped Elon Musk and Vivek Ramaswamy to lead, announced that it will be hiring via its X account.

Trump's reelection is a huge opportunity for CEOs who want to thrive in the new administration. To do that, executives need to learn about the right and ignore leftist pressure groups.

The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the national debt, spending levels and expiring tax cuts in 2025.

John Paulson, Paulson & Co. co-founder and president, pledged to work with Elon Musk to cut government spending, laying out ways cuts could be made easily.

The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday. That pace is slightly slower than what economists forecasted.

A new analysis by the Committee for a Responsible Federal Budget (CRFB) found that former President Trump's and Vice President Harris' economic plans would add trillions to the debt.

The federal budget deficit exceeded an estimated $1.8 trillion in fiscal year 2024, the CBO reported. Budget watchdogs are warning that the U.S. needs to act to rein in budget deficits.