Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three ...

OKLAHOMA CITY — As the federal government shutdown enters its second week, it is not yet impacting Oklahoma highway projects but could prove problematic if Congress is unable to reach a long-term ...

The United States federal government has officially shut down. The government entered a partial shutdown at midnight after lawmakers in the Senate failed to pass a crucial short-term funding ...

“With a ballooning national debt of more than $38 trillion, the United States simply cannot afford needless spending without any accountability,” Lummis remarked. “At the current rate, we are ...

The battle over next year's federal education budget has begun. Congress and the White House have released not one, not two, but three competing funding visions for the nation's K-12 schools in ...

With a federal government shutdown upon us and even more importantly, ballooning national debt jeopardizing the solvency of Social Security and Medicare in less than 10 years and other basic ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...