The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...

Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the next decade absent congressional action, following passage of President ...

The White House is touting a new economic analysis that estimates taxpayers will see an average $3,752 tax cut in 2026, due ...

A report from the Congressional Budget Office shows the bill increasing the national deficit by a trillion dollars and ...

WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to ...

The Trump administration’s tug-of-war with Congress this year over spending delays of approved federal money could intensify ...

The tactic -- called a pocket rescission -- has been criticized by a handful of Republican senators as it would essentially ...

In between the slugfests over Medi-Cal, taxes and immigration, the House of Representatives has voted to give Tehachapi a new ZIP Code. Four other California communities also got new five-digit codes, ...

The PBS board voted to cut its budget by 21% on Wednesday, a month after Congress stripped away its federal funding.