The salaried class will be expecting a major relief in income tax rates/slabs to ease the burden of inflation.

The country’s tense negotiations hinged on taxing and social spending — and they highlight issues facing Europe, and Western ...

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

President Donald Trump signed more executive orders on Friday, continuing a burst of activity during his first two weeks in office. Later in the day, he plans to return to his Mar-a-Lago estate in ...

U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

Lost amid this week’s panic is the role the government’s dysfunctional budgeting process contributed to the cacophony and ...

The governor and Legislature should prioritize services to adults with disabilities and affirm their historical commitment to ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

President Trump is considering eliminating FEMA citing inefficiency. States and climate advocates say FEMA needs a fix but it also needs to stay.

The president’s pick for budget chief is on the verge of confirmation amid clashes over a spending freeze and worries about ...

India's financial sector regulators need to put in place a formal process to assess the impact of their regulations, the government's Economic Survey said on Friday.

Trump’s early, extraordinary steps pose a direct challenge to a fundamental underpinning of the Constitution: the power of the purse.