It's a page out of the book of struggling families, or families with a junked-up garage. It's a garage sale, and on Friday begins what's being billed as the Great California Garage Sale.

With voting steadfastly along party lines, right up until 3 minutes before midnight on June 30th, California failed to pass a budget on Tuesday night. This means, unless there is some sort of miraculous breakthrough, California Treasurer John Chiang will begin issues IOUs Thursday.

On Wednesday, the U.S. Senate and House of Representatives both passed a $3.4 trillion compromise budget resolution. However, the word "resolution" should be highlighted, as this is a non-binding measure.

Barack Obama wants to cut the federal deficit in half by the end of his first term, despite the fiscal stimulus package. According to an adminstration official, as Obama prepares his budget request for Thursday delivery, he plans to do so by raising taxes on the wealthiest Americans, streamlining government, and withdrawing troops from Iraq.

On Tuesday, Barack Obama said he will conduct an audit of federal spending programs as he pushes a rescue package that could worsen the U.S. budget deficit.

Everyone knows they should have a budget. But there’s precious little research on how to go about it and what works best.

Federal Treasurer Wayne Swan says regardless of the outcome of today's Reserve Bank board meeting, there will be pain in the May budget.

The Coalition says it supports Labor's planned tax cuts for the next financial year.

Federal Treasurer Wayne Swan says low-income earners will be the winners in this year's Budget.

A Durham University expert comments following Alistair Darling’s first Budget statement today.

The informal meeting of the Budget Committee of the Council of the European Communities, provided under the scope of the Portuguese Presidency, will take place in Portugal, from 5th to 8th September.

The U.S. Senate and House of Representatives are poised to add billions of dollars to the fiscal year 2008 research and development (R&D) budget, with much of the proposed new funding targeted for environmental, energy and biomedical initiatives, according to a new report by the R&D Budget and Policy Program of the American Association for the Advancement of Science.