The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

For federal budget purposes, an entitlement typically means a benefit that is guaranteed, often by law—like Social Security ...

The White House could challenge or seek to change a 1974 law that blocks presidents from choosing which programs to fund.

Spain, France, Italy, Germany, Austria, Poland, the United Kingdom, Finland and Sweden all spent a greater proportion of their GDP than America did in 2022.

News4 is working to learn more about how DOGE could affect federal employees and the DMV. Here’s what we know so far.

The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the ...

Montgomery County’s Superintendent of Schools Thomas Taylor told the county council that he’s focused on the tough fiscal ...

Elon Musk and Vivek Ramaswamy have been named to head a department of government efficiency.

The Executive's failure to submit the 2025 draft national budget to the Speaker's office last Friday, as anticipated, has ...

The failure of the executive arm of government to submit the 2025 to 2027 Medium-Term Expenditure Framework (MTEF) to the National Assembly ...

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

As a result, Germany faces political gridlock. Scholz has said he would call a vote of confidence in his government in ...