Liberal and conservative justices voiced concern about potentially devastating consequences of eliminating the fund that has ...

After hours of fervent debate, the House passed two key bills Wednesday to close the state’s $3.3 billion-and-growing budget deficit.

Questions remain about whether the state budget bill advanced on Tuesday for a final vote in the House of Delegates will ...

Gov. Dan McKee is defending his proposal to give pay raises to nearly every member of his cabinet, even as Rhode Island faces ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...

Fairfax County is proposing property tax increases, $60 million in cuts and a potential food tax as it faces a tough budget year.

The Sydney-based CFO of Bellrock Advisory said there were “no major surprises” in the budget - including the deficit that it ...

The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...

Republicans are trying to pass a bill to cut taxes by $4.5 trillion by reducing government spending by $2 trillion, including ...

"Democrats are struggling with how and when to resist President Donald Trump’s agenda. And it doesn’t help their cause that Trump is unifying ...

If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...

Moody's said that the U.S. government's fiscal strength is deteriorating due to widening budget deficits and a growing ...