Incoming Treasury Secretary Scott Bessent has some ambitious goals. Under his “3-3-3” plan, real GDP growth would average 3% per year, annual budget deficits would drop to 3% of GDP, and domestic oil ...

Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on ...

Without selling the tax increases that the governor unveiled in his $67 billion budget proposal on Wednesday, Moore faces ...

Governor Tim Walz and Lieutenant Governor Peggy Flanagan presented their 2025 biennial budget Thursday, calling for a ...

During the fierce congressional debates that led to the passage of the 2017 Tax Cuts and Jobs Act, advocates and opponents of the proposal agreed on one thing: The once-in-a-generation bill, under the ...

Governor Henry McMaster today unveiled his Executive Budget for fiscal year 2025-2026, which prioritizes fiscal responsibility, accelerates income tax cuts, raises teacher pay, and invests in critical ...

P resident-elect Donald Trump will take the oath of office on Jan. 20 against a troubling fiscal backdrop. Since his first ...

The Office for National Statistics Thursday said gross domestic product was 0.1% higher in November than it was in October, a weaker outcome than the 0.2% rise expected by economists. That marked a ...

Rural school districts — already beset with financial struggles — are furiously scrambling to save a century-old funding ...

Maryland is facing a budget crisis and Gov. Wes Moore has said the state is going to have to slash spending and increase revenue to fix it.

He stressed he would follow the law, even as he emphasized Trump’s desire to overturn the 1974 Impoundment Control Act that ...

University of Nebraska President Jeff Gold on Wednesday spoke out against some $25 million in annual budget cuts Gov. Jim ...