Growing opposition among Democrats and persistent opposition from the tea party Republicans has left a $1 trillion government-wide spending bill teetering.
The federal government's deficit for the first two months of the new budget year falls 21 percent from the same period a year ago in November.
Exposed to the light of day, a year-end, $1.1 trillion spending bill draws both vociferous objections from liberals and milder criticism from conservatives.
The government says the deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama's six years in office.
The federal government's budget deficit has fallen to $486 billion, the smallest pool of red ink of President Barack Obama's six-year span in office.
Construction spending rebounded strongly in July as private construction increased and government outlays surged, in a further sign of vigor in the economy.
The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years.
After the 1998 tobacco settlement, some states and territories made terrible Wall Street deals that traded long-term revenue for small initial payments.
Congress repeatedly is unable to agree on long-term funding for the Highway Trust Fund. Americans can't figure out a solution either, a new poll finds.
Thanks to the federal government and its policies of continual quantitative easing, the average American is $2,414.46 poorer than he or she should be.
Swedes happily accept high taxes -- an average of 44% for income, 25% for sales -- as the natural price of a government that looks out for their well-being.
The Congressional Budget Office revises downward its budget-deficit estimate and finds Obamacare will cost considerably less than expected.
As Americans send in their income tax payments, and Congress decides how to spend the loot, a few lessons may be learned from the way Denmark governs and Danes live.
President Barack Obama is rebounding from record-low approval ratings as he remedies the botched rollout of his health-care website and moves past years of budget standoffs.
President Obama will propose an expansion of popular tax credits Tuesday in a fiscal 2015 budget designed to serve as a blueprint for Democrats in this year's elections.
House Speaker John Boehner let Congress vote on a measure to extend the nation's borrowing authority without any spending conditions -- an unequivocal victory for Obama.
House Speaker John Boehner says the House of Representatives will vote this week to increase in the government's borrowing cap without any add-ons demanded by Republicans.
The budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Obama took office five years ago.
Congress edged Thursday toward granting final approval to a $1.1 trillion package financing federal agencies this year.
Party leaders pushed a massive $1.1 trillion spending bill for this year through the House, shunning the turmoil of recent budget clashes with compromise.