President Donald Trump returned to the White House with a promise to slash spending by trillions of dollars and balance the federal budget. But, as the first fiscal year of his second term came to a ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

Federal spending is in the spotlight this year like never before, as the Trump administration has bypassed Congress and held up billions of dollars lawmakers had already approved for education.

Deep within obscure footnotes, the Trump administration is claiming more of Congress’s constitutional power of the purse by threatening to block funding. By Alicia Parlapiano Emily Badger and Alex ...

Wondering why all of this budget shutdown mishegoss is happening right now? Well, October 1 is technically New Year’s Day for the federal government’s finances. And apparently, Congress’s resolution ...

While many areas of the country held elections Tuesday, Congress continued to shirk its main job: passing a budget for fiscal year 2026, which began on Oct. 1. Tuesday marked the 35th impasse day.

June 28 (UPI) --The latest version of the Senate's federal budget reconciliation bill would limit the availability of student loans for future borrowers by revising federal student loan programs and ...

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 ...

Oregon could lose out on $15 billion in federal funding over the next six years as President Donald Trump's budget reconciliation bill goes into effect, a preliminary analysis found, with changes to ...

Union leaders are warning that the simultaneous state and federal budget impasses have already started exacerbating one another, potentially leading to a much broader shutdown in public services than ...