The CBO reports the federal budget deficit hit $2 trillion as Social Security, Medicare and Medicaid spending surged alongside rising debt costs.

The federal budget deficit hit $1.97 trillion for the first 11 months of the fiscal year, one of the highest such figures on record and leaving the debt burden heading within a few years to levels ...

One of the biggest challenges confronting the Federal Reserve is to ensure that large federal budget imbalances do not place undue pressure on it to keep interest rates artificially low and thereby ...

WASHINGTON, D.C. — A federal ban on most hemp-derived THC products would be pushed back until Dec. 11 under a stopgap government spending bill passed Tuesday by the U.S. House of Representatives. The ...

Some states deliver meals to Medicaid patients that address their dietary needs. Evidence shows it aids recovery and saves healthcare costs, but federal budget cuts may lead some states to cancel it.

Getting government involved in any area of human life is an effective way to guarantee you spend gobs of money without improving the situation or making people especially happy. That's clearly true of ...