The Chancellor said it was a "travesty" that there were a million young people not in education, employment or training ...

Chancellor Rachel Reeves said reducing the welfare bill is the 'right thing to do' as she battles to avoid the need for tax ...

The Treasury will put the proposed cuts to the Office for Budget Responsibility (OBR) on Wednesday amid expectations the chancellor's financial headroom has disappeared. Adam is joined by economics ...

Sen. Ben Ray Luján presses nominee for Deputy Director of OMB nominee Dan Bishop on firing career civil servants and Elon ...

The Chancellor will deliver a statement on March 26 in response to the latest forecast from the budget watchdog.

Chancellor Rachel Reeves could cut billions of pounds from government spending, including on welfare, in the upcoming Spring Statement, as she tries to stick to her own spending and borrowing rules.

Treasury insiders say cuts to welfare spending and government budgets will be in the 'billions', as Rachel Reeves faces calls ...

The Department for Work and Pensions ( DWP) is facing major budget cuts in the lead-up to the Chancellor’s Spring Statement.

House Republicans are pressing on with plans for a clean six-month stopgap to keep the government funded beyond next week’s shutdown deadline in the face of staunch resistance from Democrats.

Republicans can’t achieve their goal of slashing $2 trillion in federal spending over the next decade without cutting Medicaid, according to the nonpartisan Congressional Budget Office (CBO).

Professor Doug Elmendorf, a former director of the U.S. congressional Budget Office, discusses the implications of the budget ...