COMING SOON,” Defense Secretary Pete Hegseth posted on X last month, “the first TRILLION dollar @DeptofDefense budget.” Thank ...

The University of Pennsylvania’s Penn Wharton Budget Model makes that easy to do, cleaning up and analyzing raw data the ...

We explore what federal government spends its money on. By German Lopez and Ashley Wu Discussions about federal spending are difficult ... as a share of G.D.P. A chart shows federal debt as ...

Elon Musk and the Department of Government Efficiency are picking apart federal spending, trying to find areas of waste. Here’s a look at where all the money goes. The charts below are based on ...

Expunging all government spending from GDP is another matter, as most federal spending in the ... economics and other topics involving charts. A former editorial director of the Harvard Business ...

Billionaire Elon Musk said the Department of Government Efficiency needs to examine the Federal Reserve's spending amid its cost-cutting push across the federal government. Tesla generated $13.97 ...

In fact, excluding Social Security and Medicare spending, the rest of the federal government has shrunk when compared to our economy as a whole. The Federal Reserve Bank of St. Louis keeps track of ...

The federal government spent $1.9 trillion on healthcare programs and services in 2024–the single largest category of federal spending. As President Donald Trump's budget proposal makes its way ...

but are against a funding extension that they say empowers President Donald Trump and Elon Musk to continue cutting government staff and spending. The 99-page bill keeps the federal government ...

2. Federal employees are on 6% of the federal budget The federal government will spend a little more than $400 billion paying its non-military executive branch employees this year, according to a ...

Should a country’s gross domestic product include government spending? No, argued Simon Kuznets, the Nobel economics laureate who helped create the measure now known as GDP. When the US ...