The salaried class will be expecting a major relief in income tax rates/slabs to ease the burden of inflation.

Senate GOP leaders have endorsed a two-bill strategy while House Republicans are plowing ahead with Trump’s desire for ‘one big, beautiful bill’ ...

A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to ...

Republicans will attempt a tax and spending bill that will not require substantial budget cuts, but there may be serious math problems ahead.

U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

There is a long, bipartisan history of attempts to rein in spending and address concerns about government inefficiencies, ...

The Trump administration grabbed at the 'power of the purse' in Congress, using a little-known executive action that could ...

Lost amid this week’s panic is the role the government’s dysfunctional budgeting process contributed to the cacophony and ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

Gandhi also criticised the AAP government for destroying the infrastructure built by the Congress during former CM Shiela Dixit's tenure ...

Congress could save billions by closing federal budget “loopholes” that have cost taxpayers more than $300 billion, a ...

President Trump is considering eliminating FEMA citing inefficiency. States and climate advocates say FEMA needs a fix but it also needs to stay.