The US is facing a fiscal crisis with government spending vastly exceeding tax revenue, leading to soaring public debt.

In an election year, federal budgets are rarely huge surprises. Here’s a list of funding announcements the government has ...

It’s the budget that has “election” written all over it. From “modest” tax cuts for every Australian taxpayer to boosts to Medicare and childcare – here are the winners and losers.

Health Secretary Robert F. Kennedy Jr. suggests that laying off thousands of federal workers would tame a massive budget. But ...

Nurses, schoolchildren and beer drinkers all had reason to toast this year’s budget. Some notable others much less so.

It's time to play It's Budget Time. Penny: First up, budget basics. Question one — what is the federal budget? Is it A, a shopping list for the Prime Minister? B, the government's plan for how ...

The Education Department had a roughly $200 billion budget for 2024. About 71% of the budget went to grants and loans for students pursuing higher education.  Another 25% of the department’s spending ...

Keep in mind: Alleviating the cost-of-living crunch is the government’s top priority in this pre-election budget, but with ...

From extending energy bill relief to reducing the cost of medicines and strengthening Medicare, this year’s Budget includes ...

Treasurer Jim Chalmers will hand down his pre-election federal budget on Tuesday promising “meaningful and substantial” ...