President Donald Trump’s proposed federal budget for 2026 slashes funds for the National Institutes of Health (NIH) by $17.97 billion. The 2026 blueprint was shared Friday (PDF) and allows the NIH to ...

President Donald Trump returned to the White House with a promise to slash spending by trillions of dollars and balance the federal budget. But, as the first fiscal year of his second term came to a ...

The federal budget deficit hit $1.97 trillion for the first 11 months of the fiscal year, one of the highest such figures on record and leaving the debt burden heading within a few years to levels ...

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 ...

America has long been the undisputed global leader in science and innovation, propelling our economy and improving everyday lives at home and abroad. But federal support for scientific research and ...

The Trump administration is using an obscure and typically routine federal budget procedure to delay or withhold more than $2 billion for education that Congress approved in February. Lawmakers ...

The amount has doubled in the last decade, from Trump’s first term through the Biden administration.

The U.S. federal budget serves as the central financial blueprint for government priorities, directing capital toward healthcare, retirement programs, and national defense. It functions by reconciling ...