President Donald Trump is offering a $4.8 trillion election-year budget plan that recycles previously rejected cuts to domestic programs to promise a balanced budget in 15 years — all while boosting the military and leaving Social Security and Medicare benefits untouched.

If you think bringing a new human into the world is daunting, wait until you see what he or she will do to your budget. It will cost a middle-income married couple an average of $233,610 to raise a child from birth through age 17, according to 2015 data from the U.S. Department of Agriculture. In fact, your child is costing...

President Donald Trump has signed off on nearly $1.4 trillion in spending that will keep the government funded through Sept. 30. The spending measures add roughly $400 billion to the deficit over the next decade. They include money for the president’s U.S.-Mexico border fence, pay raises for military and civilian federal workers, and funding for election security grants.

The federal deficit for the 2019 budget year surged to $984.4 billion, its highest point in seven years, and is widely expected to top the $1 trillion mark in coming years. The 26% surge from the 2018 deficit of $779 billion that the government reported Friday reflected such factors as revenue lost from the 2017 Trump tax cut and a...

Pennsylvania’s new $34 billion budget is serving up a mixed bag that has both liberals and conservatives claiming some victories while feeling disappointed in other areas. Experts break down the budget and discuss some of the main issues, like the fact that it doesn’t raise the minimum wage.

In Pennsylvania, good fiscal times may not necessarily mean good fiscal condition.

With strong tax collections oiling the gears, Gov. Tom Wolf and leaders of the Republican-controlled Legislature are working under the hood of a new spending plan as they head into the final weeks of voting sessions before lawmakers break for summer.

With two months until city elections, Mayor Kenney’s address Thursday morning presented a “grand, five-year vision” that could have doubled as a stump speech.

A Trump administration official said Monday that federal income tax refunds would indeed go out despite a large part of the government being shut down. Russell T. Vought, acting director of the White House Office of Management and Budget, told reporters about the development in a briefing. “Tax refunds will go out,” Vought said.

New Jersey Senate President says lawmakers are still “talking” with Gov. Phil Murphy ahead of a looming budget deadline.

New Jersey Gov. Phil Murphy says he can’t sign the Legislature’s $36.5 billion budget because it relies on what he calls unsustainable revenue.

Taking aim at the sprawling federal bureaucracy, President Donald Trump’s administration released a detailed proposal Thursday to reorganize a number of federal agencies and merge the Education and Labor departments. The latest in a long string of attempts to rein in the government, the plan met with instant skepticism and faced long odds in Congress.

New Jersey Gov. Phil Murphy says he’ll veto any budget sent to him by state legislators if it relies on “unverified” savings and other “gimmicks.”

Summer started a little earlier this year and will end in August instead of after Labor Day. However, those aren’t the only changes happening. Philly’s School Reform Commission has officially ended.

Proposed 2019 budget includes increases in military spending, but sharp cuts to social programs.

Pennsylvania’s credit rating is taking a hit, another black eye in the nearly three-month budget stalemate between Democratic Gov. Tom Wolf and the Republican-controlled Legislature.

Democratic Gov. Tom Wolf says Pennsylvania state government has less than two weeks to end a budget stalemate before the state’s battered credit rating gets another downgrade and he must delay more payments for lack of cash.

Democratic Gov. Tom Wolf warned Tuesday that Pennsylvanians will “get hurt” if state lawmakers do not pass a revenue package to balance a nearly $32 billion budget bill they approved more than two months ago.

Philadelphia public schools teachers often put learning on pause because the schools lack necessary tools. Donors Choose is one way “Supporting Our Schools” helps. Teachers can post their requests and allows people to choose where to donate.