When asked about the welfare budget, the Justice Secretary, Shabana Mahmood said: "Our current situation is unsustainable… we ...

Republicans are pitching the strategy as a way of avoiding a politically damaging shutdown fight while giving President Trump ...

The overriding questions of President Donald Trump’s second term are how dramatically he wants to cut government, and how far ...

That’s 1% of gross domestic product, and almost 5% of total federal spending. The government payroll for other developed ...

Washington is spending more of your money than ever — far above the rate of price increases over the past quarter-century.

Professor Doug Elmendorf, a former director of the U.S. congressional Budget Office, discusses the implications of the budget ...

Massachusetts budget writers struggled Thursday to grapple with the impacts of President Donald Trump’s efforts to reduce the ...

Congress has less than two weeks to extend a federal funding deadline, but lawmakers are arguing over whether the White House ...

On Wednesday, 10-year German bonds saw the worst day since March 1990 — just months after the fall of the Berlin Wall.

Funding in Carroll County’s budget for fiscal 2026 faces uncertainty due to state and federal funding questions ...

The budget stand-off is unprecedented in South Africa, which has been ruled by a grand coalition since July when Ramaphosa’s ...

The two political parties expected to form the next German government have agreed to significantly loosen the country’s ...