Germany's parliament has approved a landmark spending package aimed at bolstering defense and infrastructure, reflecting a significant shift from past fiscal conservatism.
The US budget deficit reached a record $1.147 trillion for the first five months of fiscal 2025, fueled by increased spending and factors such as tariffs.
Elon Musk's claims about fraud in Social Security raise alarms as he suggests significant budget cuts, prompting backlash from politicians and experts.
Republicans push a spending bill to avert a government shutdown while challenging Democrats, amidst concerns over defense and non-defense funding disparities.