National Debt Tracker: American taxpayers (you) are now on the hook for $36,214,482,241,911.14 as of 7/2/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Labor secretary unveils unprecedented plan to slash 63 'outdated and burdensome' rules
The Department of Labor has proposed 63 deregulatory actions, building on previous Trump administration measures, including scrapping 10 rules for every new one.
NATO countries agree to spend 5% of GDP on defense: Which countries led in 2024?
The NATO alliance agreed to a new defense spending target of 5% GDP by 2035, after a record number of members met the prior 2% defense spending goal last year.
Sans Musk, DOGE saves millions by nixing 312 more contracts, including one for an advisor at USAID Madagascar
The Department of Government Efficiency X account announced 312 recent contract cancellations resulting in a whopping $470 million in savings.
'America's Checkbook' would open the ledger on federal expenditures from pencils to the Pentagon
GOP lawmakers introduce the LEDGER Act to create 'America's Checkbook,' requiring tracking of federal spending after $4.7 trillion in uncoded Treasury disbursements
Powell to be pressed on Fed spending, agency’s politicization
Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.
America headed for 'economic heart attack' on government debt, spending warns billionaire
America faces potential "economic heart attack" as billionaire Ray Dalio warns about chronic overspending, $37 trillion debt and deficit concerns, including those tied to Trump's tax bill.
Trump reveals the 'surprising' moment his friendship with Musk began to unravel
Former confidants Donald Trump and Elon Musk's relationship deteriorated after Musk's departure from the Department of Government Efficiency and criticism of Trump's tax bill.
DOGE hails $263M savings from nixed contracts, including FM in Zambia and executive coaching
The Department of Government Efficiency X account announced millions of dollars in savings tied to the cancellation of "111 wasteful contracts."
Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025
Job cuts surge 80% in first five months of 2025 with federal funding cuts and retail store closures from companies like JCPenney, Macy's and Joann driving the trend.
Trump's budget chief says 'big beautiful bill' could actually reduce 'deficits and debt' by $1.4 trillion
Office of Management and Budget director Russ Vought defended the Trump administration's economic package as 'fiscally responsible' despite concerns about adding to national debt.
How much have Musk's Tesla and SpaceX benefited from government funds?
Elon Musk's public feud with President Donald Trump over the GOP tax package's deficit impact put the federal funding that Tesla and SpaceX have received in the spotlight.
Investor nightmare: How the Trump-Musk fallout is crushing Tesla stock
The intensifying feud between Elon Musk and President Donald Trump sent Tesla's stock plunging as investors worried about a tougher regulatory environment for the company.
US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in 2025 so far, representing about 40% of cuts.
Elon Musk slams GOP tax bill over deficit impact: 'Disgusting abomination'
Elon Musk criticized the Republican tax cut bill as a "disgusting abomination" due to its effect on federal budget deficits, and GOP senators consider revising the bill.
Jamie Dimon warns US debt and deficits are a growing problem
JPMorgan CEO Jamie Dimon highlighted the risks of rising U.S. debt and deficits, and he called for reforms to ensure economic growth and program sustainability.
Treasury's Bessent says US is 'never going to default' as debt limit deadline looms
Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt limit deadline in the wake of a credit downgrade.
Elon Musk's return drives Tesla stock surge in May
Tesla's stock just wrapped its best month since November 2024, as investors embrace Elon Musk's return to the EV maker after rocky DOGE stint.
These are the biggest moves Elon Musk made while running DOGE
As Elon Musk the White House and ends his time leading DOGE, there are several moments and major moves that will go down in U.S. history.
Trump praises Musk's DOGE work as billionaire transitions after $175B in savings
President Trump praises Elon Musk for his role in the Department of Government Efficiency, highlighting $175 billion in savings and Musk's continued advisory role.