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 budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
From ‘fortunate’ to fiscal crisis? Wes Moore, Larry Hogan spar over Maryland’s budget deficit
The battle to solve Maryland’s $3 billion budget deficit has prompted a debate between the state’s two most recent leaders, ...
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, ...
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 ...
UNO officials to make ‘challenging’ furloughs amid structural budget deficit
An approval to implement furloughs at the University of New Orleans was given by the University of Louisiana System Board of ...
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 ...
Incoming Gov. Ferguson describes taxes as a ‘last resort’ for WA budget deficit
Gov.-elect Bob Ferguson has released his office’s budget priorities, which call for $4 billion in reduced spending by ...
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
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 ...