That's a long way from the more $3 trillion in tax cuts and more than than $2 trillion in spending reductions that hard-line conservatives demand. House Republicans are deeply split over Graham's ...

It’s vital for Congress to pair pro-growth tax cuts with pro-growth spending reforms. The federal budget itself needs a ...

Heading into budget season, Illinois Gov. JB Pritzker faces several converging challenges, including a projected deficit over ...

That number was higher than analysts expected, highlighting investor concerns about when the spending ... horizontal line that connects a series of comparable price points on the chart from ...

Fewer consumers reported that they are spending less or plan to reduce their spending ... were unchanged relative to last quarter and remain near the survey high (Chart 8, black line). Respondents ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

The government said people earning up to 1.28 million Indian ... costs for industries that have been raising output such as ...

A breakthrough Chinese chatbot has sparked alarm about the country’s advances in artificial intelligence (AI) and wiped close ...

The government said people earning up to 1.28 ... have been raising output such as electronics and renewables. The line charts show India’s fiscal deficit, gross borrowing, capital expenditure ...

Critics of President Donald Trump’s trade agenda have warned that his introduction of punishing new tariffs will cause prices ...

Firms—particularly those linked to discretionary consumer spending—noted that high interest rates ... notably larger than the share reporting deteriorated indicators (Chart 4, red line). Moreover, ...

In fiscal year 2024, the federal government spent ... of people above the poverty line each year. They also reduce, but do not eliminate, racial and ethnic differences in poverty rates. All other ...