At 12:01 a.m. ET on Wednesday, the federal government entered its first shutdown since 2018, after two competing funding proposals, one from Democrats and another from Republicans, failed in the ...

The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal ...

For the first time in close to seven years, Congress failed to reach a budget agreement in time for the new fiscal year. As a result, the federal government shut down for 43 days, causing nationwide ...

Union leaders are warning that the simultaneous state and federal budget impasses have already started exacerbating one another, potentially leading to a much broader shutdown in public services than ...

I was struck, no, dumbfounded by this: Debt funded all federal government spending in 2025. The federal government plans to spend a total of $7 trillion in fiscal 2025 but only bring in $5.16 trillion ...

The U.S government’s debt hit $37.6 trillion on Sept. 30, the end of the most recent fiscal year. To put that number in perspective, a stack of $1 bills in that amount would be 2.5 million miles tall.

WASHINGTON (AP) — The White House budget office said Friday that mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown ...