WASHINGTON — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in ...

Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the next decade absent congressional action, following passage of President ...

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...

The U.S. Court of Appeals for the D.C. Circuit mandated that the Office of Management and Budget restore a website detailing ...

Congress’s budget arm reported Monday that Republicans’ massive tax-and-spending legislation dubbed the “One Beautiful Bill” ...

Traditionally, elected officials have feared public backlash if they try to take from the poor to give to the rich. This year ...

It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

Despite grandiose claims about his tariffs bringing in billions in revenue, President Donald Trump cannot seem to help the ...

Finally, the new law mandates that updates to the package that underlies SNAP benefits cannot raise costs, which will lead to lower average monthly benefits. By 2034, average benefits will be $213 per ...

The Trump administration's tug-of-war with Congress this year over spending delays of approved federal money could intensify ...

The Trump administration's tug-of-war with Congress this year over spending delays of approved federal money could intensify ...