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 ...

After 11 months in office, Argentina’s right-wing President Javier Milei has fulfilled his flagship pledge to eliminate the country’s monumental deficits by shrinking the public payroll ...

(Reuters) -Donald Trump, who won the U.S. presidential election on Wednesday, has vowed to investigate or prosecute political rivals, election workers and left-wing Americans if he becomes ...

That means each taxpayer owes roughly $ ... The Committee for a Responsible Budget estimates former president Donald Trump’s policies could balloon the deficit by $7.5 trillion.