Treasury Secretary Scott Bessent found himself in an unexpected position Friday morning, facing a challenging question from — of all people — a Fox News anchor. The budget bill passed by the House this week “adds trillions to our debt,” Fox’s Bill Hemmer noted. “How is that acceptable to this administration?”

WASHINGTON (Reuters) -The House budget bill that narrowly passed in an early morning vote on Thursday would effectively put the brakes on a clean energy production boom in the United States spurred by subsidies enacted in 2022.

The GOP-backed One Big Beautiful Bill Act includes some big changes to the Supplemental Nutrition Assistance Program.

President Trump met with holdouts again Wednesday as leaders ramp up their efforts to build support around the bill.

The House Budget Committee has advanced the bill as a way to lower federal spending so that President Donald Trump's tax cuts can be approved.

Republicans narrowly passed Donald Trump’s sweeping budget reconciliation bill through the House Wednesday night, including a last-minute provision that would not require gun owners to register the purchase of silencers.

The LA City Council approved a revised budget to close its deficit, which also reduced layoffs from roughly 1,600 to about 600.

A three-month budget will go into effect in July amid the possibility of a potential endowment tax increase that could cost the college millions more.

It’s not yet clear how many layoffs will be necessary or how Denver city services will be affected, but deep cuts are unavoidable, Mayor Mike Johnston said.