President Trump last week suggested that a second reconciliation bill is not needed this year, but because the national debt is at $38 trillion and growing, policymakers need to act with a sense of ...

The FY2026 foreign aid bill allocates $50B for diplomacy and assistance, partially reversing Trump's cuts. Here's what it means for human rights and Latin America.

Debt held by the public will balloon to more than $56 trillion by 2036 as annual deficits continue to mount, according to the latest projections from the Congressional Budget Office. By later this ...

Add Yahoo as a preferred source to see more of our stories on Google. SPRINGFIELD – Illinois now has a proposed budget for fiscal year 2027, followed by Gov. JB Pritzker's speech — both reflecting ...

Illinois Gov. JB Pritzker faces significant financial uncertainty as he prepares to present the state's budget. The state's financial future is challenged by potential federal funding cuts from the ...

WASHINGTON, DC - APRIL 10: U.S. Sen. Jeff Merkley (D-OR) speaks to reporters during a news conference on the impacts of the Republican budget proposal at the U.S. Capitol on April 10, 2025 in ...

The U.S. national debt is on pace to break a record set after World War II in four years, while annual budget deficits are projected to balloon to $3 trillion a year a decade from now, according to a ...

MARTINEZ — Bracing for a budget shortfall blamed largely on federal cuts, Contra Costa County voters could be asked to help mitigate any financial impacts with a ballot measure this June that would ...

Total healthcare spending by the American people is projected to reach at least $5.9 trillion this year. Over $2 trillion of that is estimated to be spent by the federal government on programs such as ...

CNBC's Eamon Javers reports on news regarding the Treasury Department. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get ...

WASHINGTON (AP) — The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...

President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire. By Andrew Duehren Reporting from Washington In the first year of his second term, President ...