The Senate is considering the administration’s $9.4 billion rescissions request to cancel unneeded appropriations, which would reduce spending by around $100 billion over the next decade.

STATEHOUSE – The State of Indiana closed fiscal year 2025 with roughly $2.5 billion in state reserves, announced State ...

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...

The Office of Management and Budget is drafting a new memorandum to outline steps for the federal government’s migration to a ...

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...

Office of Management and Budget director nominee Russell Vought is sworn in for a Senate Homeland Security and Governmental Affairs confirmation hearing on Capitol Hill on Jan. 15, 2025, in Washington ...

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges.

Office of Management and Budget director Russ Vought addresses 'big, beautiful bill' critics' concerns about raising the ...

A small, government office with some 275 employees has found itself caught in the political crossfire as Congress debates President Donald Trump’s “one big beautiful bill.” ...

Forest management and U.S. Forest Service operational expenditures drop under President Donald Trump’s proposed budget for the Oct. 1 fiscal year. “There are some significant cuts to Forest ...

On Friday, the US Office of Management and Budget sent Sen. Susan Collins (R-Maine), chair of the Senate's Appropriations Committee, an outline of what to expect from the Trump administration's ...