Gov. Ned Lamont told business leaders he won't touch the spending cap, but left room for debate on other fiscal guardrails.

India's steel ministry has asked for $1.74 billion from the budget to offer mills incentives to produce low-carbon steel, two ...

The Federation of Indian Chambers of Commerce and Industry (FICCI) is optimistic about India's economic outlook for 2025-26 ...

The question is, though, what avenues could the team take to increase their spending for an offseason where they need some ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.

One economist warned the reversal on capital gains changes would leave a sizeable hole in the budget that would require new revenue sources or significant spending cuts to fill.

Blue-state Republicans are confident in Trump's support for raising the $10,000 cap on state and local tax deductions.

The law's new $2,000 out-of-pocket spending cap for prescription drugs is expected to save most affected enrollees an average of $2,474, representing a 48% reduction in their overall spending, ...

Going into the new year, seniors who take prescription drugs and receive Medicare benefits are likely to shell out less for ...

It encourages short-termism." Maguire says the new spending cap rules which are due to start from 2025-26, after being ...