The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 ...

The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.

The United States will not enter a recession due to the change of administration, but because of the excess spending policies ...

By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...

The 10-year interest rate has fallen by half a percentage point in the past month—from approximately 4.8 percent to 4.3 percent. Several factors determine interest rates, including inflation and ...

Another key contributor to revenue is dividends from the Reserve Bank of India. With a stronger US ... the Budget speech. Total government expenditure is budgeted to grow by 5.07 per cent ...

Overall budget expenditure ... shift in the government's debt-servicing burden. Between FY10 and FY20, interest payments consistently remained below 20 percent of the total revenue budget.

Still, the federal government’s component of the GDP report for all of last year increased 2.6 percent ... spending cuts, saying that would help growth and reduce the interest rates paid by consumers.