Elon Musk and Vivek Ramaswamy were tasked by President-elect Donald Trump to lead an effort to find and cut federal spending.

Ray Dalio, the founder of the world's largest hedge fund, recently warned of serious economic consequences for the U.S. if ...

In President Donald Trump's first week in office, some expected he would announce moving Space Command from Colorado Springs ...

House Republican leaders are working to come to an agreement with fiscal hawks about what spending cuts to seek in ...

The parliamentary strategy group of the Congress on Friday (January 31 ... before Finance Minister Nirmala Sitharaman delivers her Budget speech. “We will raise the issue of deaths at Maha ...

In response to Nixon's pernicious withholding, Congress in 1975 passed the Congressional Budget and Impoundment Control Act, a sweeping law that establishes the strict rules for if and how a ...

For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 paise will come from ...

The Budget chief said all congressional insertions in the 2025 GAA "will require a Special Allotment Release Order (SARO) before funds can be disbursed." Pangandaman said that requiring a SARO "serves ...

The Congress on Saturday attacked the Union government over its announcements in the Budget pertaining to the agriculture sector, saying Finance Minister Nirmala Sitharaman was "completely silent" on ...

Send an email to Bradley. The budget reconciliation process stands as President Donald Trump’s and congressional Republicans’ best—and likely only—hope to pass their agenda through Congress.

And while support for naval assets is greater than before, challenges remain, especially when it comes to personnel, supply chain issues and Congress’ budget delays. Concerning personnel, for Courtney ...

In her eighth consecutive Budget speech, Finance Minister Nirmala ... The gifts to Bihar drew a sharp response from the Opposition. Senior Congress leader Jairam Ramesh said the Centre's boost ...