Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the largest and fastest-growing parts of the federal budget.

The new Department of Government Efficiency can't go after Medicare or Social Security. That leaves Medicaid in a vulnerable position.

From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by only three parts of the federal budget: Social Security, health care, and net interest on the national debt.

Presidents from both parties, including Trump, have let the budget grow and grow. The White House is trying to make changes on its own.

The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.

WASHINGTON (Reuters) - Donald Trump's White House ordered a pause in all federal grants and loans starting on Tuesday, a sweeping decision that could disrupt education and health care programs, housing assistance, disaster relief and a host of other initiatives that depend on billions of federal dollars.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.

Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen post-inauguration. The Republicans now fully control Congress, which

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

White House press secretary Karoline Leavitt, during her first press briefing, faced a barrage of questions on the administration's freeze on federal aid programs.

A federal judge has temporarily blocked a Trump administration freeze on federal grants and loans that could total trillions of dollars.