May 15—Gov. Gavin Newsom announced Wednesday that California is forecasting a $12 billion budget shortfall for the upcoming budget year, and one proposal to remedy the situation drew rebukes from ...

The priority for President-elect Trump and every member of the Republican majorities in the House and Senate has to be the new budget resolution and the reconciliation process it unlocks. The GOP ...

Senate Majority Leader John Thune teed up a vote this week for the Senate’s budget blueprint to move chunks of President Trump’s agenda. The vote this week, while the House takes a week off, will ...

Republicans are getting ready to fast-track the extension of the Trump tax cuts through the reconciliation process if they win big in November. Nearly seven years after the GOP used budget ...

The state of the union, fiscally speaking, is perilous. Despite record deficits and dire warnings from Europe as to the consequences of sustained fiscal imbalance, our leaders have been unable to find ...