The top Senate Democrat said his members were not ready to provide the votes to allow the Republican-written stopgap spending ...

House Speaker Mike Johnson says lawmakers “have to keep the government in operation” as Republicans face a critical test of ...

Despite persistent inflation, economists predict the Federal Reserve will trim the main interest rate by 0.42 percentage ...

Federal agencies and departments are spending more of your money than ever — far above the rate of inflation over the past ...

President Donald Trump’s freeze on trillions of dollars in loans, grants and other payments has been blocked indefinitely by ...

BERLIN (Reuters) - The parties in talks to form Germany’s new government on Tuesday agreed to try to loosen fiscal rules for ...

Mark Warner criticized Elon Musk’s and the Department of Government Efficiency’s “willy nilly” firing of federal employees ... efforts to dramatically cut spending, and highlighted the ...

DOGE, led by Elon Musk under President Donald Trump, was created through an executive order and is tasked with trimming federal spending over the next 18 months. While Musk and Trump have ...

The Trump administration has set its sights on high speed rail in California and congestion pricing in New York, worrying ...

Discretionary spending falls into two categories: defense and non-defense. Defense includes the military; non-defense includes every other federal agency, such as the Justice Department ...

As the Department of Government Efficiency roots through federal computer systems for taxpayer-funded programs to cut, Elon Musk said his team is working toward a $1 trillion target. “The ...

How much do states receive in federal spending compared to what their residents and businesses pay through taxes? A recent report from the Rockefeller Institute of Government provides answers.