When times get tough, they increase spending rather than inching toward austerity. The action seems counterintuitive, and it warrants a thoughtful ...

The budget, which includes an 8% property tax increase, passed by a vote of 6 to 2 on Tuesday. Some of the amendments include establishing a property tax circuit breaker for low-income people, cutting ...

Austerity sounds like it should be about governments cutting costs and spending less. But it’s more about who controls ...

International airfares in Asia dropped 12% in 2024 from 2023, ForwardKeys data shows. AirAsia, the region's largest budget ...

The budget does include some funding cuts as part of departmental savings, O’Connell said, but is mostly a flat budget.

The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add ...

Democrats might have been disappointed then, but the rules of reconciliation should work in their favor this year, provided ...

Despite an $85 million city deficit, Baltimore Mayor Brandon Scott’s final budget adds 271 full-time positions and funds some ...

Senate and House Republicans’ big beautiful spending bills could boost the child tax credit. Here’s who could benefit.

If approved by council, the project would break ground in 2026 and seek to keep the Corn Palace open during renovations ...

Republican Sen. Josh Hawley has been clear about his red line as the Senate takes up the One Big Beautiful Bill Act: no ...

For example, the city’s Street Division, which is responsible for maintaining public streets and sidewalks and removing graffiti, will see its budget increase from $1.2 million in the current ...