President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard ...

The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...

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.

Howard W. French is a columnist at Foreign Policy, a professor at the Columbia University Graduate School of Journalism, and ...

President Biden's Department of Education is trying to push through a new federal rule during its final weeks to provide additional student loan forgiveness for 8 million borrowers.

Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister Rogelio Ramirez de la O said on Friday, as the government plans hefty spending cuts ...

President-elect Donald Trump said on Friday that he was creating a National Energy Council to coordinate his administration's ...

Given Trump’s priorities, it is hard to see how he can possibly deliver anything like the spending reductions that Musk ...

The Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, aims to cut "wasteful" spending by defunding ...

A panel of economists hosted by the Greater Oklahoma City Chamber on Thursday praised the city's economy while warning about ...