The package also reverses several agencies' efforts to implement staffing reductions during the shutdown, stating that ...
Voluntary salary reductions for health flexible spending cafeteria plans and annual deductibles for medical savings accounts will slightly increase next year. The Internal Revenue Service announced on ...
The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...
The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...
Federal health spending plays a central role in the nation’s long-term fiscal outlook. In 2024, Medicare, Medicaid, and the Children’s Health Insurance Program accounted for 31 percent of all federal ...
Congress has the constitutional power of the purse, but President Donald Trump’s robust assertion of executive authority is testing even that basic tenet of U.S. democracy. States, cities, nonprofits ...
The funding is expected to be awarded by the federal government next month as part of a $50 billion nationwide effort aimed ...
Agencies appear to be making unauthorized payments on a large scale. Federal spending law prohibits agencies from using funds without congressional authorization. But under the Fork in the Road ...
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Flexible spending account money will soon evaporate. Don't let the 'use it or lose it' rule catch you by surprise.
Miss your FSA deadline, and it can cost you. Here's what you must know about these tax-advantaged accounts for paying medical ...
Over a third of the United States federal government's revenue comes from the country's four most-populous states, but they often get back less than they contribute. Known as "donor states," 19 states ...
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