America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office ...

Over the past three years, the district has cut $70 million and eliminated more than 500 staff positions.

In the seven budgets Newsom has signed, beginning with 2019-20, and the eighth one he has proposed, revenues have increased ...

The City of Sacramento is facing a projected $66.2 million budget deficit for the fiscal year 2026-27, driven by long-term structural imbalances, and the City is working to make hard choices to ...

Fiscal deficits often rise when the government increases spending to support the economy, especially during slowdowns or ...

Columbia city leadership held a public forum to discuss the recently adopted fiscal year 2026 budget. Personnel services, including employee compensation and benefits, represent the most significant ...

By David Lawder and Richard Cowan WASHINGTON, Feb 11 (Reuters) - The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

The U.S. budget deficit dropped to $95 billion in January. That’s a $34 billion decrease from the same month last year. The Treasury said this happened because income rose faster than spending, mostly ...

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It seems like just yesterday that Gov. Gavin Newsom and state legislators enacted a state budget that papered over a $20 billion gap between income and outgo while blaming President Donald Trump for ...