The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...

A key variable for investors to decipher in election season is the impact of policy proposals on fiscal spending, the deficit ...

It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the ...

Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.

Republicans contend that they can compensate for lost tax revenue by fostering economic growth and streamlining the federal ...

The U.S. deficit spiked to start the new fiscal year, casting a shadow over the budget outlook as Washington braces for a ...