Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
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How Gov. Tim Walz wants to address Minnesota's potential budget deficit
Gov. Tim Walz pitched the first sales tax cut in Minnesota history and curbs to state spending on Thursday as he rolled out ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
Illinois State Board of Education asks for $11.4 billion in funding as state faces substantial budget deficit
The Illinois State Board of Education approved a nearly $11.4 billion budget request this week for the upcoming fiscal year, ...
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City of Lawrence projects $6.5 million budget deficit in 2026; commissioners will discuss priorities, likely cuts
Early numbers show Lawrence will face a $6.5 million budget shortfall in 2026, and City Hall budget-makers say it is not too ...
U.S. budget deficit grows to over $700 billion
Swings in the bond market recently sent the yield on the 10-year Treasury above 4.80% and its highest level since 2023. The ...
Israel 2025 budget deficit could breach target and hit 5% of GDP, official says
Israel's budget deficit could near 5% of gross domestic product in 2025, above the government's target but below last year's ...
Maryland Gov. Moore outlines legislative priorities, 2026 budget proposal as state faces $2.7 billion deficit
Maryland Governor Wes Moore is expected to share his FY2025 budget proposal and legislative priorities as the state faces a ...
Major budget cuts loom for Portland as city projects over $100M deficit
PORTLAND, Ore. (KATU) — Portland could face a more than $100 million shortfall in the 2025-2026 fiscal year. A representative ...
Chile to pen new gas supply deal with Argentina to meet deficits in north
Chile expects to reach a new agreement with neighbor Argentina to supply up to 2.5 million cubic meters of natural gas per ...