Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts ...

Elon Musk's Department of Government Efficiency (DOGE) has implemented sweeping spending cuts across federal departments.

The federal budget debate has big implications for the economy. Businesses are betting that tax cuts will be extended and the ...

RUNAWAY federal spending is a conservative myth, Mark Fernald asserted in a Feb. 15 op-ed. The real cause of the deficit is Republican tax cutting, he claimed.

During their finance committee meeting on Feb.11, North Penn’s board heard from Trump, who said he is “not related, and does ...

Gov. Pritzker unveils a $55.2B budget, balancing spending without tax hikes while addressing federal funding uncertainties.

President Donald Trump has embarked on a plan to cut up to $2 trillion from federal government spending. To achieve that goal, some economists and analysts say, the White House would need to cut ...

A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott Bessent's assurance against ...

An idea first proposed on social media has received Trump's endorsement: Take some of the savings from Elon Musk's drive to cut government spending and return it to taxpayers.

The G.O.P. bill would extend tax cuts and almost certainly make big reductions to programs serving the poor. Passing it may ...

If 2020 showed us how government spending really matters, then 2025 will prove that how it's spent matters even more ...

Experts say the layoffs of roughly 7,000 IRS workers likely mean the end of the agency’s plans to go after high-wealth tax ...