Trump told reporters that the effort to slash spending could cut $1 trillion from the federal budget, which totaled $6.75 ...

President Donald Trump said Tuesday he was signing an executive order to give tech billionaire Elon Musk more power over the federal workforce, adding to Musk's swift and sweeping consolidation of ...

New OMB Director Russell Vought has contributed to two conservative playbooks that advocate for the revamping of veterans' ...

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

Elon Musk's DOGE has announced it is terminating $881 million worth of Education Department contracts. Stay with Newsweek's ...

Titan International chair Morry Taylor shares the clearest, most simplistic explanation of the national debt for a generation ...

Scrapping the U.S. penny, as President Donald Trump has just vowed to do, would save the government enough money to pay for 0.02% of the cost of extending the 2017 tax cuts, 0.004% of the annual ...

As the Trump administration seeks to make massive cuts to federal spending, certain lawmakers and advocates say Social Security shouldn’t be a target.

David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former US Representative for Michigan.

The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 ...

Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...