The smorgasbord of policy options is broken down by committee, and proposals are assigned dollar amounts for how much they would reduce or add to the deficit through the 10-year budget window.

Ahead of a three-day policy retreat that kicks off in Miami ... worry privately that hardliners' insistence on significant deficit reduction could harm their constituents by reducing Medicaid ...

WASHINGTON, Jan 17 (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal ... Biden's signature Inflation Reduction Act.

WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal ... Biden's signature Inflation Reduction Act. That compares to a $ ...

The SALT cap deduction allows taxpayers who itemize when filing federal taxes to deduct certain taxes paid to state and local governments, which the 2018 Tax Cuts and Jobs Act (TCJA) capped at $ ...

Jeff Merkley of Oregon, the top Democrat on the committee, asked about executive orders recently issued by Trump that "pause the disbursement of funds" provided by the Inflation Reduction Act and ...

He will continue to lean on his moderate bonafides, having told NBC News that he and other moderates will act as a "conscience ... and holding the line on deficit spending—key priorities ...

Fiscal federalism, in other words, investigates how local, state, and federal governments should relate among themselves with respect to their policies and financial responsibilities ... and Local ...

After being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was ... ceiling increases to budget reconciliation legislation and other deficit reduction policies or ...

The change, which went into effect Wednesday morning, follows a unanimous policy decision by the City Commission.

Bucharest submitted its seven-year deficit reduction plan to Brussels last October, saying it aimed to lower the fiscal shortfall from 7.0 per cent in 2025 to 2.5 per cent in 2031. Finance ...