CNBC's Megan Cassella reports on the federal budget deficit and tariff refunds.

Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion ...

The US paid out $26 billion more in refunds than it collected in June after a February Supreme Court decision struck down ...

As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget. But ...

Federal education policymakers find themselves at a critical intersection of budget policy and human investment as they consider budget reconciliation legislation. Updated, March 4, 2025: This post ...

The federal budget is on an unsustainable path. Annual deficits are close to $2 trillion, and the federal debt will reach 120% of GDP by 2036. These top-line numbers should make you worried, but even ...

I’m a finance professor at UCLA, so let’s talk finance. Which numbers are more meaningful to you? Having $50 to $100 cash in your pocket (rough average for an American) or knowing the total U.S.

Elon Musk listens as US President Donald Trump speaks in the Oval Office of the White House in Washington, DC, on February 11, 2025. Tech billionaire Elon Musk, who has been tapped by President Donald ...

The Trump administration is advancing a sweeping set of regulatory changes that, if implemented, could permanently ...