Federal education policymakers find themselves at a critical intersection of budget policy and human investment as they consider budget reconciliation legislation. Updated, March 4, 2025: This post ...

The U.S. federal government's annual budget deficit has widened by $109 billion so far this fiscal year despite an influx of tariff revenue to the government's coffers. The nonpartisan Congressional ...

As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget. But ...

Having said that, as per budget estimates for the upcoming fiscal year, primary surplus (fiscal austerity) is still being ...

U.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a White House official. The annual White House budget request ...

The federal budget will be handed down by Treasurer Jim Chalmers at 7:30PM AEDT on Tuesday March 25. While the official budget papers are under lock and key until then, the government has been making ...

A short-term spending bill, a 10-year budget plan and Musk’s cost-cutting team are all progressing at once. By Margot Sanger-Katz and Alicia Parlapiano Reporting from Washington Republicans in ...

I’m a finance professor at UCLA, so let’s talk finance. Which numbers are more meaningful to you? Having $50 to $100 cash in your pocket (rough average for an American) or knowing the total U.S.

The so-called Department of Government Efficiency, with Elon Musk as co-leader, has advantages that past budget-cutters did not, but laws and court challenges can still make change slow and difficult.