Mayor Cherelle L. Parker’s second budget address to Philadelphia City Council sounded in many ways like an ordinary mayoral ...

U.S. President Donald Trump would like to waive taxes for Americans earning under $150,000 once he balances the budget, ...

WASHINGTON − The Senate will begin voting early Friday afternoon on a Republican budget bill that would avert a government ...

The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, ...

More than a dozen schools, including Harvard, MIT, Brown, and the University of Pennsylvania, have frozen hiring.

Johns Hopkins University announced Thursday it's laying off over 2,000 employees amid budget cuts made by the Trump administration.

The Republican-led Senate plans Friday to vote on a stopgap measure backed by President Donald Trump to avert a government ...

By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through ...

It is conceivable that Trump could sway congressional Republicans to include a carried interest reform in the sweeping tax ...

As DC Council members roamed the halls of Congress on Monday, lobbying GOP lawmakers against a federal funding bill that ...

President Donald Trump has been inspired by Israel’s Iron Dome defense against short-range rockets to build something grander ...

The deficit for the first five months of fiscal 2025 came to $1.147 trillion, up 38%, or $318 billion, from a year earlier.