Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • China stops buying liquefied gas from US
    • Yuval Noah Harari: Trump’s world of rival fortresses
    • Non-doms quit London private members’ clubs to avoid UK tax links
    • Harvard balks at Trump administration’s demand for foreign students’ data
    • Trump ratchets up pressure on Fed chair Powell to cut rates
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
    Most Read
    • Non-doms quit London private members’ clubs to avoid UK tax links
    • The problem with wealth taxes
    • Number of UK consumers streaming sports illegally has gone ‘through the roof’, police say
    • Asda fires opening salvo as UK supermarket price war looms
    • England’s Premiership Rugby in talks for revamp inspired by Indian cricket
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • China stops buying liquefied gas from US
    • Is there life after banking?
    • Trading in two stocks surged before Trump family appointments announced
    • Number of UK consumers streaming sports illegally has gone ‘through the roof’, police say
    • Astronomers claim strongest evidence yet of extraterrestrial life
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • Nvidia chief Jensen Huang flies to Beijing for talks
    • OpenAI’s mind-boggling growth masks challenges
    • UK bans EVs from some military bases over Chinese spy fears
    • Google ‘wilfully’ monopolised online advertising market, US judge rules
    • Tech industry fears Trump’s trade war will hamper US AI ‘dominance’
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • China stops buying liquefied gas from US
    • Trading in two stocks surged before Trump family appointments announced
    • Is the world losing faith in the almighty US dollar?
    • Few US CEOs bought the dip as tariffs rattled markets
    • US rare earth champion faces trade war test after tariffs halt China sales
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Yuval Noah Harari: Trump’s world of rival fortresses
    • Tariffs ignore the reality of global tech supply chains
    • Americans, it’s time to move to Europe
    • OpenAI’s mind-boggling growth masks challenges
    • Donald Trump’s gift to globalisation
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • Few US CEOs bought the dip as tariffs rattled markets
    • Three ideas to energise British tech
    • A food tour of the Jersey Shore with Hailee Catalano, the internet’s favourite cooking teacher
    • Bonuses surge for top traders at EU investment firms after cap is lifted
    • Are your team ‘playing you’?
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
    Most Read
    • Is there life after banking?
    • Americans, it’s time to move to Europe
    • Is there such a thing as a British video game?
    • ‘A reliable, old-school Italian’ — Jay Rayner reviews Da Mario, Kensington
    • The value of institutional memory
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

US budget

  • Saturday, 29 March, 2025
    FT News Briefing podcast15 min listen
    Swamp Notes: How Medicaid cuts could shake up Maga

    Trump’s budget requires cuts, and they may fall on programmes his voters rely on

  • Thursday, 27 March, 2025
    US debt burden to top world war two peak in coming years, watchdog says

    Congressional Budget Office’s forecasts come after Moody’s warned on the country’s public finances this week

    The Capitol in Washington
  • Thursday, 13 March, 2025
    Oren Cass
    Beware America’s fake fiscal conservatives

    Republicans are indulging in budgetary chicanery in order to preserve Trump’s tax cuts

    Chairman of the Senate Finance Committee Mike Crapo (R-ID) in a Senate Finance Committee confirmation hearing at the Dirksen Senate Office Building on January 29, 2025
  • Wednesday, 12 March, 2025
    ExplainerUS government shutdown
    What happens if the US government shuts down?

    More congressional chaos has sparked fears of another federal funding crisis

    Person walks in front of Capitol Hill
  • Wednesday, 5 March, 2025
    US politics & policy
    ‘Doge’s actual impact is less than $10bn’

    Jefferies Financial, welcome to the resistance

  • Tuesday, 4 March, 2025
    US tax
    Waiting for a large new tax cut? GLWT

    Behold, the messy sausage-making of US budgets

  • Wednesday, 26 February, 2025
    US politics & policy
    US House passes budget resolution to cut taxes and spending by trillions

    Bill would lead to large increase in government deficit, say independent analysts

    House Speaker Mike Johnson talks to reporters
  • Friday, 21 February, 2025
    Department of Government Efficiency
    Musk sets up clash with Republican hawks over ‘Doge dividend cheques’

    Billionaire says Donald Trump backs his idea to distribute cost-cutting savings to US citizens

    Elon Musk hold a chainsaw as he arrives to speak at the Conservative Political Action Conference
  • Monday, 10 February, 2025
    US politics & policy
    Trump administration ordered to lift payment block on health agency

    Federal judge tells White House to unlock billions in funding for clean energy projects earmarked under Inflation Reduction Act

    A researcher at work in a National Institutes of Health lab in Maryland, US
  • Thursday, 30 January, 2025
    Free LunchMartin Sandbu
    Trump’s administrative self-coup Premium content

    A constitutional crisis looms after attempt to wrest power of the purse from Congress

    Protesters stand near the White House, holding American flags and signs that read "Release federal funds, keep America safe + healthy" and "Unfreeze the federal funds now."
  • Wednesday, 29 January, 2025
    Donald Trump
    Trump scraps plan to freeze federal loans and grants after backlash

    President rescinds order to halt payments to US government programmes

    Donald Trump giving a speech
  • Saturday, 21 December, 2024
    US politics & policy
    US Senate votes through last-gasp bill to keep government open

    Funding measure gets bipartisan backing after days of bickering on Capitol Hill

    The US Capitol in Washington
  • Friday, 20 December, 2024
    Gillian Tett
    A fiscal fight is brewing in the court of Donald Trump

    America’s debt pile and the case for tax cuts will be flashpoints inside the new administration

    An elephant’s foot hovers over a tiny red Lego elephant
  • Friday, 20 December, 2024
    US government shutdown
    US government shutdown looms after House rejects Trump-backed funding bill

    Congress faces Friday night deadline after president-elect helped kill initial draft legislation

    The US Capitol is seen behind a red traffic light
  • Thursday, 19 December, 2024
    US politics & policy
    US government nears shutdown after Trump attacks funding bill

    President-elect’s intervention raises odds of federal closures by weekend

  • Thursday, 12 December, 2024
    Markets InsightTiffany Wilding
    Trump has options to mitigate the rising US budget deficit

    While the long-term trajectory of the fiscal debt will probably remain a concern, there are some potential incremental actions the incoming president could take

    American flags at the Washington Monument near the US Capitol in Washington
  • Friday, 18 October, 2024
    Michael Strain
    Harris and Trump are equally silent on the expanding US debt

    The nation is borrowing to finance current consumption rather than to make much-needed long-term investments

    Donald Trump shakes hands with Kamala Harris on stage
  • Tuesday, 11 June, 2024
    Business InsightPatrick Jenkins
    The US budget is like an aggressive leveraged finance deal

    Trajectory of America’s debt burden feels unsustainable

    A worker mans a crane beneath the National Debt Clock after it was restarted July 11, 2002 in New York City.
  • Wednesday, 17 April, 2024
    Global Economy
    US deficit poses ‘significant risks’ to global economy, warns IMF

    Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy

    The US Treasury building
  • Tuesday, 9 April, 2024
    Martin Wolf
    The tree of debt must stop growing

    Since the era of ultra-low interest rates ended, large-scale government borrowing is looking more and more problematic

    James Ferguson illustration of a debt time bomb.
  • Monday, 1 April, 2024
    UnhedgedRobert Armstrong
    How dominant is fiscal dominance? Premium content

    And replies on UK stocks

  • Tuesday, 26 March, 2024
    Oren Cass
    How Republicans learnt to love bigger government

    A growing body on the right now believe that Medicare and other programmes must not be cut at all

    A nurse checks a patient at a hospital in New Jersey. Only one in five Republicans say they’d like to see the government do less to provide ‘medical care for those who need help affording insurance’
  • Tuesday, 26 March, 2024
    US faces Liz Truss-style market shock as debt soars, warns watchdog

    Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office head

    Phillip Swagel sitting at an event
  • Monday, 11 March, 2024
    Biden proposes higher taxes, spending and debt in $7.3tn budget

    Plan offers stark contrast with Donald Trump’s economic plans ahead of November’s presidential election

    Joe Biden
  • Wednesday, 7 February, 2024
    US deficit to soar to $2.6tn in 10 years, says congressional watchdog

    Budget office points to surge in government debt costs after pandemic-era fiscal splurge to prop up economies

    The US Treasury building in Washington
Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsFT Leaders Academy

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:UK
International
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • FT Leaders Academy
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In