Despite new policies geared toward boosting a slow-recovering economy, the long-term outlook for the U.S. budget deficit is “daunting,” with mandatory healthcare spending projected to rise from 6 ...

Add Yahoo as a preferred source to see more of our stories on Google. There are two fundamental fiscal truths: America has a debt problem, and dealing with the debt will not be easy. So far, our ...

Ever look at the news and wonder, "Where does all the government money go?" If so, you’re not alone. Government spending might sound complicated, but it makes a big difference in our daily lives.