Firefighters battle the Eaton Fire on Jan. 8, 2025, in Altadena, Calif. Hundreds of U.S. Forest Service personnel are on the ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

Billionaire Elon Musk, who is set to co-lead the new advisory Department of Government Efficiency, has admitted the agency ...

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

Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most ...

The decisions that policymakers make could leave many millions of people much worse off while extending and increasing tax ...

In a Wednesday interview on X, Elon Musk said cuts of $2 trillion to the federal budget might not be possible and was a "best ...

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 walked back his previous claim that he could cut at least $2 trillion from the federal budget, saying Wednesday ...

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

Metrics released by the Office of Management and Budget offer insight into how agencies are implementing the 21st Century ...