U.S. Treasury Secretary Janet Yellen on Wednesday will defend the Biden administration's response to the COVID pandemic, ...

Conversely, Trump’s advisory Department of Government Efficiency plans to push for decreasing spending on federal contracts.

Elon Musk and Vivek Ramasway say they will take aim at $500 billion in federal spending. Hitting their target could risk ...

Consumer spending will play a large role in the economy in 2025, driven by employment growth, wage gains in excess of ...

Bush-era ruling, structure of tax provisions means both chambers would have to vote on a second budget blueprint before ...

The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 ...

North Carolina on taxes joins CNBC's 'Power Lunch' to discuss the national debt, whether he sees spending going down in the ...

President-elect Donald Trump, who takes office Monday, has been highly critical of California officials’ efforts to prevent ...

Gov. Patrick Morrisey wasted no time on his second day in office Tuesday by signing several executive orders, ranging from ...

Gov. Lou Leon Guerrero and the Guam Housing and Urban Renewal Authority filed a joint motion to dismiss the complaint brought ...

Here's a full picture of the biggest finance issues affecting states in 2025. After a period of rapid growth, overall state spending was flat last year. Heading into 2025, budgets are mostly in good ...

The arrival of a new presidential administration invokes new beginnings and a break from the past. Still, realities from previous administrations remain, such as a fiscal challenge that demands ...