House Majority Leader Steve Scalise (R-La.) confirmed that lawmakers are closing in on the “roughly” $1 trillion target but ...

The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...

House Republican leaders are working to come to an agreement with fiscal hawks about what spending cuts to seek in ...

President Trump (and his successors) may find that, without immigration or an aggressive baby boom, an aging America will face sluggish economic growth, economic dislocations, and huge unfunded ...

Russell Vought's Senate confirmation hearing, January 15, 2025 The Senate Budget Committee held a confirmation hearing for Vought on January 22, 2025. [4] Russell Vought's Senate confirmation hearing, ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

President Trump's tariffs include a 10 percent additional tariff on all imports from China that went into effect on February 4. We estimate that this tariff will raise $20 billion in revenue through ...

The Pell Grant program has a $2.7 billion shortfall heading into the coming fiscal year, according to new projections from the Congressional Budget Office.

Elon Musk employed zero-based budgeting after he bought Twitter. Now Donald Trump seems to be using it on the federal ...

The root of the U.S.’s high prescription drug prices lies in its unique system, which allows pharmaceutical manufacturers to ...

Lost amid this week’s panic is the role the government’s dysfunctional budgeting process contributed to the cacophony and ...

Elon Musk of the Department of Government Efficiency has sought to find $1 trillion or $2 trillion to cut from the federal ...