Multiple independent analyses say the recently passed House reconciliation bill  -- even with its deep spending cuts in some ...

Moody’s downgrade is more than a credit score adjustment. It’s a red flag. It a sign that America’s financial house is not in ...

The U.S. Constitution has never required a balanced federal budget. The Founding Fathers avoided such a requirement in case ...

In its current form, the budget legislation moving through Congress would exacerbate the fiscal challenges we face.

First off, let's drop the Republican claim that not extending President Donald Trump's 2017 tax cuts is a tax increase.

The Trump administration’s undermining of the full faith and credit of the United States has raised the risk of a sovereign debt crisis. Bloomberg The US last ran a budget surplus in 2001 ...

A federal judge in San Francisco has temporarily ... as well as such plans already approved by the Office of Management and Budget and the Office of Personnel Management, by Tuesday, May 13.

House Republicans approved a provision to their budget on Wednesday ... about 28 percent of the United States' total land mass, or more than 640 million acres, remains under federal control.

WASHINGTON - US President Donald Trump’s administration on May 2 proposed a US$163 billion (S$211 billion) cut to the federal budget that would sharply reduce spending on education, housing and ...

While the White House budget blueprint would significantly shrink federal rental aid that helps millions of people, it said states could choose to pitch in with their own funding to make sure the ...

The defence budget will fund the Golden Dome missile ... which includes defence support funding for the Department of Energy, the Federal Bureau of Investigation and other smaller agencies ...