If confirmed, Mr. Vought will be at the center of President-elect Donald Trump’s plans to upend the federal bureaucracy.

The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 ...

The top-line budget agreement Congress worked out last weekend doesn't mean the work is done. Members still have to work out ...

Elon Musk and Vivek Ramasway say they will take aim at $500 billion in federal spending. Hitting their target could risk ...

The US federal government reported a $87.0B deficit in December, higher than expected, as revenue decreased and spending remained high.

A historic 2025 tax debate is formally underway. A lot of the early focus is on an issue well known to pretty much every ...

For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a ...

Bush-era ruling, structure of tax provisions means both chambers would have to vote on a second budget blueprint before ...

While acknowledging many Virginians could lose their jobs as a result of DOGE, Youngkin said there is no lack of new ...

Executive Budget recommendations on Monday afternoon.The announcement will take place at 1 p.m. at the South C ...

As the budget battle just begins to heat up in Annapolis, the frigid temperatures outside didn’t stop a group of Republican ...

Here's a full picture of the biggest finance issues affecting states in 2025. After a period of rapid growth, overall state spending was flat last year. Heading into 2025, budgets are mostly in good ...