Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of ...

Office of Management and Budget Director Russell Vought informed Chair Susan Collins, R-Maine, of the Senate Committee on ...

Non-defense discretionary spending, which excludes the massive Social Security and Medicare programs and rising interest payments on the nation's debt, would be cut by 23% to the lowest level ...

President Donald Trump released his “skinny budget” proposal for fiscal year 2026 on Friday, outlining many of his ...

The administration says proposed budget would raise homeland security spending by nearly 65% from 2025 enacted levels.

Trump has laid out a sweeping $1.7 trillion spending ... income for their constituents decimated or completely wiped out. If enacted, Trump’s budget would drop non-defense discretionary ...

WASHINGTON — President Donald Trump's 2026 budget plan would slash non-defense domestic spending by $163 billion while ...

The 46-page early proposal, expected to be released fully later in May, advises cuts of $163 billion to non-defense discretionary spending, reducing it by 22% to the lowest level since 2017.