After the White House called for billions of dollars in funding reductions, senators and representatives are rescinding the ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

Gov. Gavin Newsom's finance director is set to present the governor's spending proposal for the state's 2026-2027 budget on ...

California will face a lower budget shortfall than in previous year in 2026 as the state is set to cut back undocumented ...

Luigi Mangione’s federal death penalty trial in the killing of UnitedHealthcare CEO Brian Thompson could begin before the end ...

Newsom’s $349B budget projects a $2.9B deficit boosts education and braces for future shortfalls amid federal funding cuts.

The decision was expected after federal funding for public media was eliminated last year. The efforts of India’s prime minister to juice consumer spending and bolster the economy are showing signs of ...

RICHMOND — Gov. Glenn Youngkin presented his final budget plan to the General Assembly’s money committee’s Wednesday. It’s a less ambitious proposal than in years past, which historically included the ...

Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three policy ...

One concern: While AI might not be in a bubble that’s about to burst, there is genuine uncertainty about just how profitable every company with enormous aspirations is going to be — and whether the ...

The US posted a budget deficit of $278 billion in November after calendar adjustments, slightly smaller than in the same month a year earlier. The adjusted gap narrowed by $16 billion from November ...

WASHINGTON, Dec 10 (Reuters) - The U.S. ‌government posted a lower $173 billion ‌deficit in November as tariffs on imports helped to boost revenues, the Treasury Department said on ‍Wednesday. The ...