By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...
The probability of US rate cuts has diminished, and heightened geopolitical/tariff risks are weighing on short-term stability ...
About 60% of federal spending is mandatory — appropriations are automatic. About 27% is discretionary spending, and about 13% pays federal debt interest. On mandatory spending, more than half is for ...
The state senate budget committee chair says that the state must be prepared for economic and fiscal challenges. Experts recommend that the state maintain a strong surplus and cut discretionary ...