Explore how deficit spending units operate, their effects on economies, and why they matter for households, businesses, and ...

"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work.

President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...

KANSAS CITY, Mo. — State Auditor Scott Fitzpatrick has issued a warning about Missouri’s financial health. Auditor Fitzpatrick is urging lawmakers to take immediate action to curb the trend of deficit ...

The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social Security and defense spending — which more than ...

Rearmament, an aging population, technological change and fear of voters are fueling a risky trend.