Steep cuts to federal spending could pull down interest rates, the dollar and trade deficit—without the messiness of tariffs.

Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending ...

The House's budget resolution seeks $2 trillion in federal savings. If the Senate adopts the resolution, lawmaker could ...

Speaker Mike Johnson (R-La.) notched a significant win Tuesday night when he muscled the House GOP’s budget resolution ...

The vote late Tuesday evening is a crucial step toward delivering what President Donald Trump called his “big, beautiful bill ...

However, while the House of Representatives did pass a budget resolution, this resolution did not provide funding to federal ...

Following a presidential campaign in which Donald Trump promised to improve the economic circumstances of working families, ...

The Congressional Hispanic Caucus (CHC) is set to hold a press conference Wednesday morning that will focus on President ...

The framework that passed on Tuesday is only a budget resolution to set overall targets for the future and does not change ...

Resolution promised sweeping savings but made no concrete plans The Congressional Budget Office, a nonpartisan body that provides analysis to support the Congressional budget process, defines a ...

Republican leaders in the U.S. House of Representatives have scheduled a vote Tuesday to move forward with their party’s ...

Far from addressing the massive budget deficits, the GOP-led Congress is on track to make them even bigger. Former Reagan ...