The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

Hawaii Gov. Josh Green speaks during a news conference at the state Capitol. “We must be prepared to use state funds for priority areas that may be reduced by the federal government,” Green said.

Add Yahoo as a preferred source to see more of our stories on Google. Reading City Council heard a detailed overview of the city’s proposed 2026 Community Development budget and federal grant spending ...

Union leaders are warning that the simultaneous state and federal budget impasses have already started exacerbating one another, potentially leading to a much broader shutdown in public services than ...

Federal health programs will cost over $26 trillion through 2036, under the Congressional Budget Office (CBO) baseline, making health care the largest category of federal spending. In this piece, we ...

WASHINGTON (AP) — The Federal Reserve is expected to cut short-term rates in 2026, with its key interest rate settling at 3.4% towards the end of President Donald Trump 's term in office in 2028, ...

Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three policy ...