A revised version of the One Big Beautiful Bill Act passed the Republican-led Senate on July 1 in a 51-50 vote, with Vice President JD Vance delivering the tie-breaking vote in favor of the ...

Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax ...

The U.S. Senate late Saturday conducted its first vote to move the massive spending bill forward after Republicans released ...

The word “reconciliation” sounds benign, even harmonious. But in Washington, D.C., reconciliation refers to a potent ...

This budget is a method of budgeting where each dollar is assigned income tasks. Meaning if you’re doing it correctly, there should be no money left over. Dave Ramsey budget tips put it like this: “If ...

As lawmakers scramble to assemble the 12 appropriations bills providing money for federal agencies to spend on programs each year, one lawmaker is calling for major reforms to the process. The Budget ...

The CBO was established in 1974 to “provide objective, nonpartisan information to support the Congressional budget process and to help the Congress make effective budget and economic policy.

President Donald Trump’s big bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits by $2.4 trillion over the next decade, according to an analysis ...

The Congressional Budget Office estimates the government is on track to spend roughly $7 trillion this year, with the rescission request equaling just 0.1% of that total.

Breaking down Trump's 2026 budget plan 05:54. Washington — The White House is expected to send Congress a rescissions package in the coming days, looking to claw back congressionally approved ...