The Senate is considering the administration’s $9.4 billion rescissions request to cancel unneeded appropriations, which would reduce spending by around $100 billion over the next decade.

STATEHOUSE – The State of Indiana closed fiscal year 2025 with roughly $2.5 billion in state reserves, announced State ...

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...

The Office of Management and Budget is drafting a new memorandum to outline steps for the federal government’s migration to a ...

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges.

The Office of Management and Budget sounds obscure, yet the agency plays a crucial role throughout the federal government. Presidents rely on the office to turn their ideas and wishes into ...

United States Office of Management and Budget Understanding cycle of deficit spending, debt The U.S. economy is the largest globally, but its debt outweighs that distinction by trillions.

The White House’s Office of Management and Budget sent this document to government agencies listing about 2,600 programs that were under review.

Trump’s budget pick, Russ Vought, is starting to upend Washington The president’s nominee for the Office of Management and Budget aims to slash spending and regulation — and push the limits ...

A small, government office with some 275 employees has found itself caught in the political crossfire as Congress debates President Donald Trump’s “one big beautiful bill.” ...