Shalanda Young, outgoing director of Biden’s Office of Management and Budget, spoke about her historic tenure, her approach ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

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

It is an absolute sign of patriotism for you to be here,” Moreno told Trump's OMB nominee Russell Vought. “I look forward to ...

Federal workers say President-elect Trump is causing panic with threats to cut government costs through layoffs and return-to ...

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

This order is meant to return to the promise and the hope that is captured by the civil rights champion — that one day all ...

People don’t realize almost half of our state budget” is impacted by federal funding, said Rep. Toni E. Walker, D-New Haven, ...

Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will still ... Congress must address the debt ceiling, which the US is on the verge of hitting, or risk ...

When Donald Trump takes the oath of office today, he will enter the White House with an economy that’s in dramatically better ...