Slumping tax collections have led a number of​ states to cut back on spending for counseling and​ group homes for juvenile criminals, prompting​ criticis...

The deficit is expected to top a staggering $1​ trillion for 2009 fiscal year, reflecting the​ costs of the Wall St. bailout, weaker tax revenues​ from t...

Illinois Gov. Rod Blagojevich comes to the office​ to sign a tax-credit bill, as the General Assembly​ considers way to strip his appointment​ powers.&am...

Top adviser David Axelrod said the incoming​ administration will cut taxes for middle income​ earners but will let the 2001 and 2003 tax cuts​ expire.&am...

WASHINGTON (Reuters) - A senior White House​ adviser said on Tuesday it was difficult to​ formulate a plan to aid distressed homeowners that​ did not end...

Joe the Plumber became famous during the final​ weeks of the campaign after asking Barack Obama​ about his tax plan at a campaign stop outside his​ home ...

The ethics panel issued a statement Tuesday saying​ it had voted to expand an already far-ranging​ probe into the New York Democrat to examine​ whether h...

WASHINGTON (Reuters) - President-elect Barack​ Obama's economic stimulus plan will propose​ business and middle class tax cuts of about $310​ billio...

When the Obama administration takes office in​ January, it will propose a fiscal stimulus​ consisting of increased government spending and​ lower taxes. ...