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US deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
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What to know about the national debt
The national debt is the total amount of outstanding debt that the U.S. Federal Government has accumulated. Here’s what you need to know.
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Congress passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December
Congress on Wednesday passed a temporary measure that keeps government agencies funded into December, avoiding a shutdown for now while punting final spending decisions until after the Nov. 5 election.
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Speaker Johnson sets House vote on government funding bill after a one-week postponement
House Speaker Mike Johnson will move ahead with a temporary spending bill that would prevent a partial government shutdown when the new budget year begins on Oct. 1.
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Is ‘Judge Judy' on the Supreme Court? Colleges fill gaps in civics knowledge
Surveys show that a third of American adults can’t name the three branches of the federal government. One found that 10% of college graduates think TV’s “Judge Judy” serves on the U.S. Supreme Court.
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USPS ending discounts for shipping consolidators that tap into its vast delivery network
The U.S. Postal Service is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps, in a move meant to help the Postal Service slow losses but that could see the higher costs passed on to consumers. The changes announced Wednesday affect nearly 2 billion packages each year that consolidators send through...
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Federal workers around DC worry over Trump's plans to send some of them elsewhere
Worries of being uprooted from their jobs have returned for Laura Dodson and other federal workers, who have long been the economic backbone of the nation’s capital and its suburbs. Some federal workers already have experienced efforts to move federal workers to other parts of the country during former President Donald Trump’s administration. Now, with Trump proposing the relocation of...
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USPS proposes changes to delivery time to save $3 billion per year: ‘Recipe for a death spiral'
The U.S. Postal Service hopes to save $3 billion a year through a series of changes reflecting greater reliance on streamlined regional networks.