When President Donald Trump ordered an across-the-board freeze on all grants, loans and federal financial assistance on Monday, it threw nonprofits that provide services to millions of Americans into ...

A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to ...

Republican proposals Congress could consider this year would take away or reduce food assistance from tens of millions of ...

There is a long, bipartisan history of attempts to rein in spending and address concerns about government inefficiencies, ...

The Trump administration grabbed at the 'power of the purse' in Congress, using a little-known executive action that could ...

Gov. Josh Shapiro will deliver his third budget proposal to lawmakers next week, a plan that’s expected to seek substantially more aid for the poorest public schools, emphasize frugality and push for ...

A revision or reduction in income tax rates and slabs is widely expected, aiming to alleviate the financial strain on the ...

Over the course of the rollercoaster week, agencies have been scrambling to figure out whether people would lose their jobs ...

Elon Musk is taking on a new challenge, this time the U.S. federal budget. His goal? To cut $2 trillion from the $7 trillion ...

Trump claims he has a "mandate" to slash budgets, but polls show Americans want more spending on education, health care, ...

President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as ...