The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.
Presidents have a significant impact on both the national debt and the budget deficit because they propose the federal budget to Congress each year. As of April 2024, President Joe Biden has ...
The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the ...
Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.
The budget results for October, the first month of the 2025 fiscal year, come after President Joe Biden's administration turned in a full-year fiscal 2024 deficit of $1.83 trillion, the largest ...
BALTIMORE -- Maryland lawmakers face a budget outlook worse than during the Great Recession in 2008-2009, with a $2.7B budget ...