The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.

Just two months after Congress maintained steady year-over-year federal funding for most education programs, the second Trump administration is asking lawmakers to once again consider major cuts that ...

A banner with a photograph of President Donald Trump hangs near the entrance of the U.S. Department of Agriculture building in Washington, Friday, May 16, 2025. (AP Photo/Jose Luis Magana) President ...

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 ...

Warning signs are piling up that schools could experience more funding turbulence in the coming months, even though Congress recently approved a federal budget with no major education cuts. The Trump ...

More than half of the federal budget will go toward benefits for Americans 65 years and older by 2036, and that percentage is ...