Alex Fitzpatrick/Axios Only 13 U.S. states send more money to federal government coffers than they receive, a recent analysis found. Why it matters: The Trump administration's push for states to be ...

Universities and colleges built budgets around federal largess. The Trump administration is forcing them to take a fiscal haircut on indirect costs.

President Trump and right-hand man Elon Musk have rolled out a series of moves to cull the federal workforce, forging ahead ...

Elon Musk's Department of Government Efficiency has targeted federal agencies like USAID, CFPB, and NOAA to reduce government ...

National Institutes of Health slashed overhead costs allowed under its grants to match private foundations, but the two don't ...

Improved business sentiment isn't translating into increased spending. Discover the factors behind this economic mystery.

Explore January 2025's liquidity surplus, potential $1.1T tax cuts, paused Fed hikes, and rising risk asset opportunities for ...

Sen. Patty Murray (D-WA) will hold a virtual press conference today to highlight how she says President Trump's funding ...

A federal judge has found the Trump administration hasn’t fully followed his order to unfreeze federal spending and has ...

The $71.9 billion in foreign aid that the government spent in fiscal year 2023 works out to 1.2% of that year’s total federal ...

There's been an active debate over how government spending contributes to inflation, especially in thee years since the COVID pandemic.

The power of the purse belongs to Congress. But pliant lawmakers and a new budget chief appear set to hand control over to ...