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 ...

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

American Express (AXP) is expected to benefit from stable credit card metrics and consumer spending, when the credit card company reports Q4 earnings on January 24th, before market open.

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 ...

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

When Verizon (NYSE:VZ) and AT&T (NYSE:T) report results for the holiday quarter, investors will focus on subscriber growth along with spending figures for the U.S. telecom firms. Wall ...

The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the ...

Gov. Kathleen C. Hochul laid out a $252 billion spending plan for the state's next fiscal year — proposing cuts to taxes on ...

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