Taxes

Illinois' first full-year budget since 2015 became law on Thursday after the House of Representatives overrode the governor's vetoes of a $36 billion fiscal 2018 spending plan and a companion measure that implements it.

Seven U.S. states are still without budgets, nearly a week into the new fiscal year that started July 1.

FBN's Stuart Varney gets personal with Clinton campaign economic advisor Gene Sperling as they debate the fair share tax rate.

Prices at the gas pump are expected to reach an 11-year low on the Fourth of July.

Prices at the gas pump are expected to reach an 11-year low on the Fourth of July.

Twelve more wealthy individuals in Lakewood, New Jersey have been charged with defrauding Medicaid and other government assistance programs by misrepresenting their incomes, prosecutors said Thursday, after seven couples were charged last week for gaming the system out of $2 million.

As Illinois attempts to strike a budget deal to end the country’s longest running state spending impasse, the infighting between Republican Governor Bruce Rauner and the Democratic controlled General Assembly shows no signs of waning despite progress made toward passing a $36 billion spending package early this week.

Another financial showdown is set for Tuesday between Illinois Gov. Bruce Rauner and Democrats who control the General Assembly.

The Latest on the Illinois Legislature's action to address the nation's longest state budget stalemate (all times local): 10:45 a.m.

The Latest on the end of Maine's budget impasse (all times local): 1:20 a.m.

The Maine Legislature has approved a budget in a move designed to end a state government shutdown that has stretched into its fourth day.

Two of the nation's top credit-rating houses smiled favorably on Illinois' financial outlook Monday following votes the previous day in the House of Representatives to end the nation's longest budget standoff.

Maine lawmakers said late Monday they had reached a tentative agreement that could end the state's government shutdown.

The Latest on a legislative session on Illinois' budget as the state enters a third straight year without a spending plan (all times local): 12:15 p.m.

The Latest on the Illinois budget stalemate (all times local): 7:45 p.m.

Illinois lawmakers are back to work after a dramatic vote in the House Sunday to increase income taxes by 32 percent.