The U.S. Senate tax committee proposed a full phase-out of solar and wind energy tax credits by 2028 but extended the ...

The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

The proposal includes a plan to eliminate 18 existing grant programs and replace them with one funding stream.

The Trump Administration released more budget materials for FY26. TLDR: It calls for a $12 billion cut in funding and presents a series of proposed trade-offs that reduce federal investment in K-12 ...

The proposed Department of Defense budget puts "America first" while addressing Ukraine, the Indo-Pacific and the Middle East ...

April surplus reflects end of-season tax receipts, jump in import duties Tariff revenue expected to drop after US-China trade deal Fiscal year outlays up due to Social Security, Medicare, Treasury ...

(Bloomberg) -- The US budget deficit continued to swell in February, pushing the shortfall to $1.15 trillion over the first five months of the fiscal year, with the increasing cost of Medicare and ...

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ...

WASHINGTON (Reuters) -The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February ...

The US federal budget deficit surged in August with one month to go until the end of the fiscal year as higher interest costs continued to weigh on the overall balance. The $1.9 trillion gap for ...

WASHINGTON (Reuters) -The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year ...