Gov. Bob Ferguson entered office warning that a multibillion-dollar budget shortfall would require spending cuts and, as a last resort, higher taxes.

Financial markets are looking for more “fiscal discipline” from Washington, a top official at the Federal Reserve warned.

Clark County motorists will pay more at the pump now that Gov. Bob Ferguson signed into law a 6 cent-per-gallon gas tax ...

Michigan members of the House broke along party lines in advancing a bill that cuts taxes, Medicaid, and could swell deficits.

Early Thursday morning the U.S. House of Representatives narrowly passed a multitrillion-dollar tax breaks package by a vote of 215-214. Championed by<a class="excerpt-read-more" href=" More ...

Freedom Caucus Chairman Andy Harris said there is “no way” the “One Big Beautiful Bill Act” passes in the House on Wednesday.

The outcome caps an intense time on Capitol Hill, with days of private negotiations and public committee hearings.

The Deficit Is Unsettling Bond Traders. Here's How That Affects the Economy. By Vicky Ge Huang An economy facing possible indigestion from big increases in tariffs now is contending with a second ...

The House voted early Thursday to pass President Donald Trump’s "big beautiful" tax bill after an all-night session.

The post America's Credit Is Falling—and the Government Is Still Digging Deeper Into Debt appeared first on Reason.com.

House Republicans have taken a major step forward on President Donald Trump’s agenda. The House early Thursday passed a ...

The House narrowly approved Donald Trump’s massive tax and immigration legislation. Now, it heads to the Senate for the next ...