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Budgeting

Fiscal Policy Tax Policy State Budget Federal Budget Spending Cuts 2025 Budget Spending Bills Government Shutdown Social Security Public Finance

Trump Uses Rare Pocket Rescission to Cancel $4.9 Billion in Foreign Aid

The late-year maneuver triggers a 45-day hold that could let the money lapse before Congress can respond.

Schumer and Jeffries Press GOP for Immediate Funding Talks as Shutdown Deadline Nears

Colorado Wraps Special Session After Raising $253 Million Toward Budget Gap

Colorado Special Session Advances Revenue Bills as Senate Approves Safety-Net and Wolf Funding Changes

GOP Rift Over Earmarks Complicates September Funding Push

CBO Warns Trump Tax Law Could Force $415 Billion Sequestration in 2026

Senate Republicans to Weigh Transit Funding in Short-Term Budget Before SEPTA Cuts

Polis Calls Special Session to Close $783 Million Budget Gap

SEPTA Reveals 20% Service Cuts as Budget Talks Stall

CBO Confirms One Big Beautiful Bill Will Swell Deficits by $4.1 Trillion

Congress Heads Into Recess Without Full-Year Budget

Senate Committee Overturns Trump’s NIH Cuts, Proposes $400 Million Increase

NASA Begins Workforce Realignment and Halts Science Releases Over Unapproved Budget Cuts

Ayotte Defies GOP to Veto Seven Conservative Social Bills

Senate Advances Trump’s $9.4 Billion Rescissions Package With 51-50 Vote

Trump Administration Asks Congress for $19B to Finish $31.5B Air Traffic Control Overhaul

Senate Vote on Trump’s $9.4 Billion Rescissions Package Exposes GOP Rift

Mexico Treasury Clarifies Budget Redesign Won’t Cut Social or Health Programs

Democratic Party Unilaterally Passes 31.8 Trillion Won Supplementary Budget

Congress Approves One Big Beautiful Bill, Sends It to Trump for July 4 Signature