The new cap — part of the 2022 Inflation Reduction Act — started in the new year. It's unclear whether the Trump administration will keep or repeal the law.

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

Minot City Council members have collectively voiced their dislike for the local government spending caps being bandied about in the North Dakota Legislature. The council hesitated Tuesday to send a ...

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

Americans hope that new policies will help their spending, now that they have a new president. With President-elect Donald ...

"This report shows that most Part D enrollees who hit the new out-of-pocket spending cap this year will see substantial savings even after taking 2025 plan premiums into account, freeing up funds ...

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, ...

Gov. Ned Lamont told a business audience Wednesday that Connecticut’s spending cap, one of the so-called fiscal guardrails that have constrained state spending in a time of record budget ...