deficit budget - Search News

Debt, Congressional Budget Office

USA Today · 2d

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 earlier.

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.

Fox Business on MSN · 1h

New budget projections show US hitting debt record in 4 years: CBO

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

The Hill on MSN · 7h

US budget deficit to hit $1.9 trillion in 2025: CBO

The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending would total $7 trillion during the fiscal year,

Gov. Tim Walz's budget proposal for Minnesota

Hosted on MSN · 12h

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 his latest budget proposal. Why it matters: It's the DFL governor's opening salvo to a deeply divided Legislature,

Minneapolis Star Tribune on MSN · 22h

Minnesota Gov. Tim Walz proposes lower sales tax rate, spending cuts in his budget

Gov. Tim Walz is pitching his first budget under the new Trump era as a counterweight to the incoming president’s threats to impose tariffs, which he says will raise costs on everyday Minnesotans. His plan would lower Minnesota’s sales tax rate for the first time in state history by 0.

Twin Cities Pioneer Press on MSN · 23h

Gov. Tim Walz recommends changes to Minnesota sales tax, cuts for disability services in upcoming budget

Minnesota Gov. Tim Walz called for spending cuts Thursday in a $65.9 billion two-year budget proposal that includes a modest reduction in the overall state sales tax but new taxes on services like legal and financial advice.

4hon MSN

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 ...

6hon MSN

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 ...

1d

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 ...

Willamette Week1h

City’s Budget Gap May Widen to $100 Million, City Administrator Says

Interim city administrator Mike Jordan, who oversees the administrative branch of the city under Mayor Keith Wilson, wrote in ...

1don MSN

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, ...

Lawrence Journal-World5h

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 ...

4d

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 ...

3d

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 ...

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