WASHINGTON — The U.S. Army released its portion of the fiscal year 2023 presidential budget. The fiscal 2023 Army budget keeps the force on a strategic path to fielding cutting-edge formations ...

On June 3, 2023, President Biden signed into law the Fiscal Responsibility Act of 2023, an agreement to suspend the debt ceiling through January 1, 2025. The law imposes limits on discretionary ...

It is no secret that we have been fighting inflation that reached a 40-year high and the Federal Reserve Bank has embarked on a historic interest rate increase to combat inflation. Not only have they ...

WASHINGTON, Oct 20 (Reuters) - The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, ...

Despite holding more than 700 votes this year, the House only managed to pass 27 bills that have made it into law, thanks to tiny majorities, divided government and a right wing bent on constraining ...

A new report on the $18 million budget deficit uncovered in Brockton Public Schools in FY 2023 blames a broad “failure of ...

The federal government routinely uses government spending and taxes to help offset the highs and lows of the U.S. business cycle. While government spending typically increases during a recession, the ...

A fiscal year is the 12 months that a company designates as a year for financial and tax reporting purposes. This year can differ from the traditional calendar year, and it varies for each corporation ...