The system distributes entitlement benefits, grants and tax refunds. Treasury Secretary Scott Bessent approved the move ...

Almost exactly one year after Congress swore off self-inflicted fiscal crises, we're back to the same tired theatrics.

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 ...

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 ...

On that last front, he made some news, saying he wants his party to not vote to raise the nation’s debt limit unless they extract some policy wins in exchange. "It would be political malpractice for ...

The rate of total borrowers in Acadiana with several delinquent credit card debt reached 14.7% at the end of 2023.

Lenders have let borrowers pay interest with more debt to conserve cash. Like any financial maneuver, the short-term solution can’t weather a prolonged high-interest environment.

House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...

By Yue Stella Yu, CalMatters As swaths of Southern California burn, the state’s Republican members of Congress find themselves facing a dilemma. Blaming the fires on California’s liberal policies, ...

Donald Trump has successfully blurred the lines between Republicans and Democrats by stealing their playbooks on issues such ...

Dave Ramsey is well-known for his advice on debt payoff. The financial guru encourages people to complete a series of baby ...

House Majority Leader Steve Scalise discussed Republicans' plans to grapple with several fiscal deadlines on the horizon.