Enacting a rescissions package is a first step toward the major deficit reduction this country needs. We are borrowing nearly $2 trillion annually, on pace to hit record debt within a few years, and ...

In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads ...

An OECD warning of economic damage from President Trump's tariffs has put investors on watch for progress in US trade talks.

While the senator expressed his confidence that the Senate would pass the big, beautiful bill, he claimed a rescission package would need a different approach.

The White House has sent its long-awaited spending cuts request to Congress as it seeks to formalize a slew of DOGE slashes ...

Bobby Kogan, senior director of federal budget policy at the Center for American Progress, a liberal think tank, said in an ...

As the United States cuts budgets and restricts immigration, China and Europe are offering researchers money and stability.

The House Freedom Caucus is pushing for House GOP appropriators to work to lock in cuts pursued by President Trump’s Department of Government Efficiency as the party begins crafting government ...

The foreign aid and public broadcasting cuts could be the first of several "rescission" requests sent to Congress in the ...

The White House on Tuesday sent Congress a request to claw back $9.4 billion in funding for foreign aid and to public broadcasting — the first package that would codify the slashes spearheaded by ...

US job openings unexpectedly rose in April in a fairly broad advance and hiring picked up, indicating demand for workers ...