Nicole Huyer is a senior research associate in the Roe Institute at The Heritage Foundation. Since the budget is essentially financed by taxpayers, closing the gap means reduced borrowing and interest ...

The highest nationwide estimate puts U.S. fraud losses at $521 billion. Even if all of that could be recouped, it would amount to less than a third of the 2025 deficit of $1.775 trillion. See the ...

The September jobs report, published in December, showed that Connecticut is losing jobs. The state ranks 50th in payroll growth from 1989 to 2025 and is one of only three states that have failed to ...

WASHINGTON — Hundreds of billions of taxpayer dollars are being squandered on waste, fraud, and abuse each year, Treasury Secretary Scott Bessent shockingly claimed in a recent interview. Somewhere ...

The U.S. attorney’s office in the District of Columbia has launched a criminal investigation into Federal Reserve Chair Jerome Powell over the central bank’s renovation of its Washington headquarters ...

California will face a lower budget shortfall than in previous year in 2026 as the state is set to cut back undocumented immigrants’ access to health care amid dwindling fiscal support from the ...

Federal Reserve Chair Jerome Powell speaks at the Federal Reserve, Wednesday, Dec. 10, 2025, in Washington. (AP Photo/Jacquelyn Martin) (Jacquelyn Martin, Copyright ...

Earlier this year, public radio and TV stations across the country took a financial hit after federal funding was cut. While KPBS has been working to close its budget gap, so has San Diego’s other ...

From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! Pennsylvania communities lost millions of dollars in federal funding this year after ...

Professor Vinod Narayanan, left and team members Aref Aboud, Jesus Gutierrez Plascencia and Erfan Rasouli at the Solar Thermal Energy Enhancement Laboratory in November, 2025. The team has been using ...

The Chicago Harbor Lock is facing steep cuts to its federal funding under President Trump's 2026 budget. The lock is how boas travel between the Chicago River and Lake Michigan. It is one of the ...

Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three policy ...