TUCSON, Ariz. — Former President Barack Obama on Friday contrasted former President Donald Trump’s character with that of the late Sen. John McCain during a packed rally at the University of ...

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

The Washington, D.C.-based lender is worried the new administration’s austerity axemen, Elon Musk and Vivek Ramaswamy, could ...

I am tickled that so many people enjoyed the math behind higher interest rates. So let’s press on, shall we? Why not tackle ...

BALTIMORE — Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next ...

Topline: The federal government had a $1.8 trillion budget deficit in fiscal year 2024, according to new estimates published by the Congressional Budget Office. It’s the largest one-year deficit the ...

Fiscal policy is based on the theories of British economist John Maynard Keynes. Also known as Keynesian economics, this ...

is it wise to continue running deficits under optimistic fiscal assumptions in order to pay for public servant pay increases? According to the Philippines’ 2025 budget, the answer is yes.

A dispute between President Obama and congressional ... Congress has often operated under statutory budget-control mechanisms that either prevent tax and mandatory spending legislation from increasing ...

PROVIDENCE – After years of ever-higher spending of disappearing COVID dollars, the state is now facing a $398.2 million deficit during the 2025-26 budget year, and a string of increasingly ...

And with that big boost in taxpayer money that included free lunches for all students, the question is raised: How could a district like Minnetonka have a $6 million budget deficit? But ...

A spiraling fiscal deficit as spending exceeds tax revenues has put increasing pressure on Prime Minister Michel Barnier to act. This month, Barnier presented France's 2025 budget, which includes ...