Along the way, the budget is referred to committee, receives public hearings, gets voted out of committee and hits the floor ...

The U.S. federal government spent $173.0B more than it earned in November, less than the $186.5B deficit expected and $284.0B shortfall in October, the first month of the government's fiscal year.

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 ...

As President Donald Trump’s first year back in the White House winds down, he has already transformed and upended the federal government.

John Hawkins was formerly a senior economist with Treasury and the Reserve Bank. Stephen Bartos does not work for, consult, own shares in or receive funding from any company or organization that would ...

The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...

Gov. Bob Ferguson has proposed closing the state’s $2.3 billion budget shortfall through a combination of cost-cutting measures.

A federal judge on Monday said the U.S. government denied due process to the Venezuelan men it deported to a prison in El Salvador in March after President Trump invoked the Alien Enemies Act. The ...

The efforts of India’s prime minister to juice consumer spending and bolster the economy are showing signs of success. Argentina’s Congress passes its first budget since President Javier Milei took ...

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 ...