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

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.

The proposal includes $4.5 trillion in tax breaks and $2 trillion in spending cuts. It kick-starts a weeks-long process to ...

The Department of Government Efficiency (DOGE) draws two extreme reactions from budget-focused observers. On one side, you ...

U.S. District Judge John McConnell Jr. said the attempt to pause trillions in federal spending "fundamentally undermines 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.

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...

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 ...