Budget officials say that by 2030, there will be enough revenue to pay for just 84 percent of the state budget, forcing ...

The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...

A key variable for investors to decipher in election season is the impact of policy proposals on fiscal spending, the deficit ...

President-elect Trump has many tax cut plans and a promise to ‘end all taxes on overtime’, but in Congress, it’s likely ...

Now that it appears Republicans are poised to hold a government trifecta, Congress is eyeing the passage of tax legislation.

Republicans in the Nov. 5 election took over the White House, the U.S. Senate and as of late Wednesday, the House, after ...

And the key to lower mortgage rates could be in billionaire Elon Musk's hands, the NAR's chief economist Lawrence Yun said Wednesday in a statement after the release of the latest inflation data.

Governor Moore and state lawmakers in Annapolis need to both raise taxes and cut spending to meet the fiscal moment.

The country continues to make attempts to reduce its heavy reliance on petroleum-related revenues.

The five-year budget outlook is poorer than the one the state faced in the Great Recession and, without any changes, Maryland will only be able to cover 84 percent of planned spending through the 2030 ...