The salaried class will be expecting a major relief in income tax rates/slabs to ease the burden of inflation.

Senate GOP leaders have endorsed a two-bill strategy while House Republicans are plowing ahead with Trump’s desire for ‘one big, beautiful bill’ ...

Republicans will attempt a tax and spending bill that will not require substantial budget cuts, but there may be serious math problems ahead.

U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

The Trump administration grabbed at the 'power of the purse' in Congress, using a little-known executive action that could ...

Lost amid this week’s panic is the role the government’s dysfunctional budgeting process contributed to the cacophony and ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

President Trump is considering eliminating FEMA citing inefficiency. States and climate advocates say FEMA needs a fix but it also needs to stay.

The president’s pick for budget chief is on the verge of confirmation amid clashes over a spending freeze and worries about ...

Trump’s early, extraordinary steps pose a direct challenge to a fundamental underpinning of the Constitution: the power of the purse.

Recent federal budget proposals would shift significant costs, explicitly or implicitly, to states and localities by ...

Richard Stern joins “The Signal Sitdown” to discuss the players, procedures, and policy options on the table for budget ...