The Finance Division has formally launched preparations for the federal budget for fiscal year 2026-27 by issuing the Budget ...

Using the reconciliation process to dig the hole deeper has become an engineering feat with bipartisan concurrence.

The latest funding standoff underscores why budget experts are calling for a radical overhaul of a process that no longer ...

G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and a director at the Committee for a Responsible Federal Budget.

The Trump administration last May proposed to shrink federal K-12 investments by roughly $7 billion and eliminate or ...

The U.S government’s debt hit $37.6 trillion on Sept. 30, the end of the most recent fiscal year. To put that number in perspective, a stack of $1 bills in that amount would be 2.5 million miles tall.

Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three policy ...

The reserves identified in this year’s budget primarily affect health and human services, with $361.5 million of the $481.6 million identified falling into that category.

Kentucky lawmakers must craft the next two-year budget during the 2026 legislative session, taking into account major federal ...