budget deficit
Congress leaves DHS unfunded, opening a fight over ICE reforms
The mini shutdown is over, for now. On Tuesday, President Donald Trump signed a spending bill to end a brief, partial government shutdown and fund the federal government through the rest of this fiscal year—with one crucial…
The Minnesota welfare fraud story is really about Medicaid’s broken system
A sprawling welfare scheme that saw fraudsters steal over $9 billion in Minnesota is a damning indictment of a federal and state bureaucracy that failed at some of its most basic responsibilities to taxpayers. That fraud is…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
What Happens to Health Care Tax Credits If Congress Fails to Act?
Throughout the government shutdown, Democrats have justified their refusal to vote for a short-term funding extension by speaking of an impending health care crisis brought on by the looming expiration of boosted COVID-19-era…
Despite DOGE cuts, federal spending rose by $300 billion last fiscal year
President Donald Trump returned to the White House with a promise to slash spending by trillions of dollars and balance the federal budget. But, as the first fiscal year of his second term came to a close, progress had not…
Improper Payments Are Cheating the Taxpayer and Bloating the Federal Budget
Every year, the federal government sends hundreds of billions of dollars to the wrong people—criminals, ineligible recipients, and beneficiaries of bureaucratic errors. In 2024 alone, the federal government admitted to at…
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