October 1 is the beginning of the federal government’s fiscal year, which will run 12 months through September 2026. But federal agencies aren’t the only organizations whose budget doesn’t work on the traditional January to December timeline — lots of private companies do it too.

Education researchers warn budget proposals from the White House and House Republicans would impose steep cuts on some of the nation's most vulnerable students and disadvantaged school communities.

Agency officials confirmed that layoffs are imminent this month, but declined to provide an exact number of affected employees.

Opinion. In May, the Trump administration released its fiscal 2026 budget. Conspicuously absent from the proposal was a critical provision: advance appropriations for Indian Country health care. Advance appropriations are funds approved by Congress in one ...

The coronavirus pandemic has pushed the U.S. federal budget deficit above $3 trillion for the first 11 months of fiscal 2020, more than doubling the previous full-year record, the U.S. Treasury said on Friday.

Michigan lawmakers passed a short-term funding bill to avoid a state shutdown, while a federal budget impasse has led to a nationwide government shutdown affecting thousands in Michigan.