Pending tax and spending legislation is putting additional upward pressure on the U.S. national debt. Much like the broader U.S. budget process, a legislative procedure currently being used to advance ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

For most of American history, government shutdowns didn’t exist — they are a relatively recent phenomenon born of broken budget procedures and a broken political environment. Shutdowns as we know them ...

Veterans Affairs Secretary Doug Collins testifies during a House Committee on Appropriations budget hearing on Capitol Hill on May 15. (Yuri Gripas/AP) Congress will head into its Memorial Day recess ...

"No plan survives first contact with the enemy," said Prussian military strategist Helmuth von Moltke. Likewise, when the annual budget process transitions to execution, it’s already out of date. The ...

As Baltimore City gears up for another budget year, some council members say the city needs a better balance of power over ...

Along the way, the budget is referred to committee, receives public hearings, gets voted out of committee and hits the floor ...

Business owners need budgets to help them manage money and meet financial goals. Learn how and why to start budget planning ...