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Youngkin is trying to ensure that Virginia law enforcement complies through his budget proposal, but the provision will have to survive both the House of Delegates and Senate finance committees in ...
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for ...
President Donald Trump appointed Elon Musk to lead the new Department of Government Efficiency (DOGE) to reduce government spending by up to $2 trillion by July 4, 2026. Read Next: If Trump...
Officials in such states as Montana, California, Washington and Texas now say they face budget cuts and layoffs. Public health experts warn that the accompanying service cuts – functions like ...
Key elements of the President's budget for fiscal year (FY) 2013 included expiration of a variety of tax cuts for couples earning over $250,000 ($200,000 if single), short-term stimulus measures to support job growth, and targeted tax cuts for families and businesses. The budget included 2013 revenues of $2.9 trillion or 17.8% GDP (up from $2.5 ...
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
The president and his aides previewed parts of his budget going into last week's State of the Union ... He called for a “second phase” of tax cuts as parts of his 2017 overhaul of the income ...
The bill stemmed from a budget proposal made by Clinton in February 1993; he sought a mix of tax increases and spending reductions that would cut the deficit in half by 1997. Though every congressional Republican voted against the bill, it passed by narrow margins in both the House of Representatives and the Senate. The act increased the top ...