The remaining amount was financed by borrowing. (Note: In this analysis, the figures are adjusted for certain one- or two-day timing shifts in federal payments that distort the year-to-year paths.) As ...

The withdrawal of the federal freeze was a stunning about-face for President Donald Trump’s White House, which has so far ...

Elon Musk is taking on a new challenge, this time the U.S. federal budget. His goal? To cut $2 trillion from the $7 trillion ...

The directive issued on Monday by the Office of Management and Budget is part of a swift and sweeping effort by the new administration to halt federal spending out of step with President Trump’s ...

A Trump administration memo pausing federal ... the spending. What happened: In a sweeping order that surpasses the scope of dozens of executive orders Trump has signed, his top budget office ...

The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines.

The White House rescinded a Monday memo that had ordered a freeze on federal assistance for all federal grants and loans.

A sweeping freeze on trillions in federal spending for grants and loans, issued Monday night by the White House budget office to ... down agency organizational charts, doesn’t it?” ...

Hundreds of thousands of federal employees ... congressional spending decisions enacted into law. Congress further bolstered this principle when it passed the Congressional Budget and Impoundment ...

White House officials said they were withdrawing the memo, which had been issued by the Office of Management and Budget ... freeze on numerous types of federal spending. · White House On ...

The White House budget office on Wednesday rescinded an order freezing federal grants after the administration’s move to halt spending earlier this week provoked a backlash. In the memo ...

referred to as budget functions, and these categories organize federal spending into topics based on purpose. The top 10 categories and agencies for federal spending within the 2025 fiscal year ...