President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard ...

Budget officials say that by 2030, there will be enough revenue to pay for just 84 percent of the state budget, forcing lawmakers to make hard spending choices.

The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...

A key variable for investors to decipher in election season is the impact of policy proposals on fiscal spending, the deficit ...

Elon Musk and Vivek Ramaswamy’s Department of Government Efficiency may find that launching rockets is easier than trimming ...

President-elect Trump has many tax cut plans and a promise to ‘end all taxes on overtime’, but in Congress, it’s likely ...

Now that it appears Republicans are poised to hold a government trifecta, Congress is eyeing the passage of tax legislation.

Keith M. Phaneuf | ctmirror.org Gov. Ned Lamont has ordered mid-year budget cuts from public colleges and universities while ...

Republicans in the Nov. 5 election took over the White House, the U.S. Senate and as of late Wednesday, the House, after ...

And the key to lower mortgage rates could be in billionaire Elon Musk's hands, the NAR's chief economist Lawrence Yun said Wednesday in a statement after the release of the latest inflation data.

Following months of negotiations, the Public Schools board of trustees unanimously approved a collective bargaining agreement Tuesday that will go before the Education Association for a vote Friday.

Governor Moore and state lawmakers in Annapolis need to both raise taxes and cut spending to meet the fiscal moment.