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Federal Budget

Category: Economy
Updated Oct 23, 2025

Latest narrative

Updated Oct 23, 2025

How government chooses how much to spend, borrow and tax.

Budget-related fights shape how large government is and how resources are allocated. With federal deficits high and debt continuing to grow, questions around borrowing, spending and priorities remain central. Polling shows Americans pay attention to how Congress is doing; for example, only 15 % approve of Congress�s job performance in 2025. Debates revolve around investment vs. austerity, program funding, and debt sustainability.

Talking points

Conservative
  • Cut spending and balance the books.
  • Focus on core functions, not sprawling programs.
Moderate
  • Invest in essentials while keeping debt sustainable.
  • Seek bipartisan compromises to avoid shutdowns.
Liberal
  • Invest in people and infrastructure even if borrowing rises.
  • Raise revenue from those most able to pay.
Source: manual

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