A memo from the OMB directs agencies to permanently lay off federal workers in programs that do not align with Trump’s priorities if the deadline to pass funding lapses.

Larry Summers: "I don't see the evidence for his belief. When you launch attacks and others respond, the whole thing can spiral."

More Democrats are backing the plan, which continues spending at current levels but does not include aid to Israel or Ukraine.

If Speaker Mike Johnson's short-term plan for funding the U.S. government runs aground, the risk of a November 18 shutdown will skyrocket.

An overview of the ins and outs of compromise.

How President Joe Biden's budget reconciliation bill shakes out will influence what else Congress can accomplish before the midterms.

The U.S. Congress agrees to a solution for the LIBOR crisis, which would automatically transition contracts to a new benchmark.

Next up before year-end: considering the president's $2 trillion economic agenda and again lifting the federal debt ceiling.