House Democrats representing parts of New York City are sending an ominous warning to congressional appropriators.

WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax ...

That's evident when looking at the Fed's preferred inflation gauge, the PCE index, which rose to a 12-month rate of 2.1% in April from 2.3% a month before, matching the lowest level since the pandemic ...

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.

But some emergency managers and officials were alarmed — not comforted — by budget Director Russ Vought’s comments, which ...

U.S. medical research is at a precipice as President Trump proposes cutting $18 billion from the National Institutes of ...

Bracing for $26.7 billion in cuts to rental assistance recommended by the budget the White House proposed for the fiscal year ...

The president’s top aides have signaled they may seize on a timing quirk in law to cancel enacted funds, setting up a clash ...

Senate Republicans are proposing deeper Medicaid cuts, including new work requirements for parents of teens, as a way to ...

The rescissions package now heads to the Senate, which appears likely to table the package until it finishes with the “One Big Beautiful Bill” that would extend and expand President Donald Trump’s ...

The package to be voted on targets funding already approved by congress for foreign aid programs, NPR and PBS.