The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...

Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...

The December budget deficit came in at $144.75 billion, a record for the month and 68 percent higher than last year.

This article adheres to strict editorial standards. Some or all links may be monetized. Although they have roiled markets, there’s no question that President Donald Trump’s trade policy actions have ...

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.

Having been burned badly by his phantom surplus in 2022, Newsom is obviously aware that a repeat would be politically ...

Revenues, expenditures, structural deficits, oh my! Pennsylvania’s Independent Fiscal Office released an updated fiscal outlook for the state, based around the new budget passed on November 12th. When ...

More than a year ago, Gov. Patrick Morrisey said the state was heading for a structural deficit, but he presented lawmakers a ...

TYNGSBORO — The Select Board has begun 2027 budget planning with the task of eliminating a nearly $2 million deficit. The projected shortfall is largely driven by increases in the cost of health ...