The federal government partially shut down early Saturday as Congress did not agree on funding for several agencies before the midnight deadline.

In a decade, the government will send an amount equal to nearly half the income taxes you pay to its bondholders. That money ...

The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...

In a series of deals over the past three months, lawmakers rejected some of the president’s most aggressive attempts to ...

FIRST ON FOX: Although the federal government’s spending on citizens has never been greater, Americans continue to feel the burden of an affordability crisis. Conservative fiscal watchdog group Open ...

The federal budget proposal for 2026, presented by President Donald Trump's administration, highlights a pronounced division between defense and nondefense spending. This budget plan, unveiled in May ...

A perfect storm is hitting state budgets. President Donald Trump’s One Big Beautiful Bill Act has cut billions in federal support for Medicaid and food stamps, adding to state shortfalls related to ...

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, ...

Alum Sam Adler/DAILY. Buy this photo. This article is part of a larger project by The Michigan Daily News section’s Government beat. Reporters interviewed students and professionals from various ...

Illinois Governor JB Pritzker proposed a $56.1 billion budget for the upcoming fiscal year, which includes minimal new spending.

Gov. JB Pritzker faces a challenging budget address amid federal funding cuts and economic uncertainty, with a projected $2.2 ...