The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest ...

U.S. federal budget cuts have started to have some early impact on space startups after funding for such companies dropped 12 ...

The U.S. House of Representatives on Thursday passed a budget plan that lays the groundwork for extending President Donald ...

The White House's budget proposes eliminating Head Start, an early childhood education program that provides services to low-income families.

Musician Cat Stevens (Yusuf) once ruefully sang that the first cut is the deepest, which explains why many Americans are bracing themselves for the fallout of Elon Musk and the Department of ...

Senate Republicans are deeply divided over demands by House conservatives to cut at least $1.5 trillion, and possibly more, ...

Proposals for the GOP budget resolution are already circulating, including possibilities for changing federal benefits in retirement and health insurance.

A critical bloc of fiscal hawks dropped its opposition after a pledge from the top Senate Republican that his chamber would ...

The U.S. federal government spent $161.0B more than it earned in March, wider than the $115.9B deficit expected and narrowing ...

Most Americans might be rightly focused on President Donald Trump’s trade war and the tariff drama that has devalued ...

House Republicans on Thursday adopted the Senate's framework that will be used to enact key parts of President Trump's legislative agenda.

Health Secretary Robert F. Kennedy Jr. suggests that laying off thousands of federal workers would tame a massive budget. But ...