The Trump administration last May proposed to shrink federal K-12 investments by roughly $7 billion and eliminate or ...

Funds for yet another government program are on track for depletion and could put higher education further out of reach for millions of Americans, according to research from the nonprofit Committee ...

I was struck, no, dumbfounded by this: Debt funded all federal government spending in 2025. The federal government plans to spend a total of $7 trillion in fiscal 2025 but only bring in $5.16 trillion ...

Gov. JB Pritzker’s administration on Thursday announced it has identified nearly $500 million it will keep in budget reserves ...

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...

President Donald Trump returned to the White House with a promise to slash spending by trillions of dollars and balance the federal budget. But, as the first fiscal year of his second term came to a ...

Ohio legislative leaders say they’ll be forced to change course on the route to regulate intoxicating hemp in the state, following a provision in the federal budget bill passed this week that places ...

While many areas of the country held elections Tuesday, Congress continued to shirk its main job: passing a budget for fiscal year 2026, which began on Oct. 1. Tuesday marked the 35th impasse day.

The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...