Nine months later, Obama signed the Budget Control Act into law, with disastrous consequences for defense. In the 10 years after the BCA was enacted, the Pentagon’s budget was cut by 14% ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

New Delhi, Mar 10 (ANI): Union Minister for Electronics and Information Technology Ashwini Vaishnaw speaks in the Rajya Sabha ...

The Minister of Finance, Dr. Cassiel Ato Forson, has outlined measures the government intends to adopt to cut spending and reduce wasteful expenditure.

Alien Enemies Act: A federal judge on Saturday said the Trump administration must halt use of an obscure wartime law, called ...

Earlier this month, the House Budget Committee said: “If Congress does not act swiftly to confront the structural disconnect ...

Mumbai's special court acquitted gangster Chhota Rajan in the 2011 murder case of Iqbal Kaskar's driver/bodyguard. Rajan ...

He pointed to the Budget Control Act of 2011, which placed caps and annual appropriations on federal programs including through HUD. "A cap on spending, even if you cap spending at the nominal ...

A working group of the House Finance Committee is recommending the elimination of the independent Office of Child Advocate to save $2 million as budget writers craft a two-year spending plan in the ...

The Jammu and Kashmir Legislative Assembly today passed the grants amounting Rs 2796.07 lakh for Information Technology, Rs ...