Tami Luhby

The federal budget deficit rose to nearly $2 trillion for the past fiscal year, which ended September 30, the Treasury Department reported Friday.

Millions of senior citizens and other enrollees will have to find new Medicare Advantage plans because their policies are being terminated, while others could have to pay more for their coverage and care.

Senior citizens and other Social Security beneficiaries will receive a 3.6% boost in their monthly payments in 2027, the Social Security Administration announced Wednesday. It’s the largest cost of living adjustment since 2023.

Many senior citizens are finding that their Social Security benefits are not keeping pace with the rising cost of living. The payments are adjusted every year based on inflation, but the annual cost of living adjustment doesn’t match the actual increase in expenses.

The federal budget deficit rose to nearly $2 trillion for the past fiscal year, spurred in part by ballooning interest payments and tariff refunds, the Congressional Budget Office reported Thursday.

President Donald Trump said late Friday he will give around 20 million senior citizens $90 each to help pay for their Medicare Part B premiums, marking his latest effort to dole out funds to certain Americans weeks before the midterm elections.

The Affordable Care Act $500 refund checks are in the mail to nearly a million Americans, along with a letter from President Donald Trump touting his healthcare accomplishments and casting blame on his predecessor.

President Donald Trump’s order to levy 100% tariffs on certain patented pharmaceutical products and ingredients takes effect on Tuesday.

A new Trump administration rule that is expected to make it harder for many legal immigrants to obtain green cards if they receive or are deemed likely to need public assistance is set to take effect Friday – even as lawsuits seeking to halt it wind their way through federal court.

The Trump administration last year spent $9.5 billion on paid administrative leave for federal workers as part of its plan to shrink the government and save taxpayers money, according to a new estimate by a congressional watchdog.

The cost of electric heat is projected to increase 9%, while heating with natural gas is expected to rise by 5.8% in price.

A day after promising to send $5,000 dividend payments to all Americans, President Donald Trump announced Thursday that he would distribute $500 rebate checks to nearly one million Affordable Care Act enrollees in 30 states.

DOGE’s published tally incorrectly estimated some savings or did not provide evidence to support some claims, the watchdog found.

Jessica Marquez and her husband had hoped to have another child. But now her monthly student loan payment expected to nearly triple.

A recent federal government study found that millions of workers, many of whom are employed by big companies, still need Medicaid and food stamps to get by.

In its latest attempt to curb legal immigration, the Trump administration is reviving an effort that will likely make it tougher for many immigrants to obtain green cards if they use or are deemed likely to need public benefits, such as food stamps, Medicaid or housing vouchers.

Barefoot on the wooded shore of Alabama’s Lake Martin, 9-year-old Edward tipped back his head, mouth agape with awe, as fireworks exploded overhead, their echoes reverberating through the towering pines around him.

Attention student loan borrowers: Major changes are coming your way, starting Wednesday.

Millions of Medicare enrollees will gain their first-ever coverage for drugs for weight loss under a temporary pilot program that launches July 1.

A federal judge on Monday blocked the Trump administration from allowing five states to ban the purchase of sugary drinks and candy with food stamps.