Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three policy ...

The United States had a $173.3 billion monthly deficit in November, a month affected by the federal government shutdown and a ...

The federal government closed FY 2024-25 Sept. 30 with a deficit of $1.8 trillion. That’s an $8 billion improvement over the previous year. After all the debate and promises, $8 billion in savings is ...

The battle over next year's federal education budget has begun. Congress and the White House have released not one, not two, but three competing funding visions for the nation's K-12 schools in fiscal ...

The United States federal government has officially shut down. The government entered a partial shutdown at midnight after lawmakers in the Senate failed to pass a crucial short-term funding bill, ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

States and cities in the Northeast will have to balance economic challenges and federal cuts driven by the Trump administration and congressional GOP.