The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...
The U.S. government posted a $145 billion budget deficit for December, up 67% or $58 billion from a year earlier due to ...
Newsom’s $349B budget projects a $2.9B deficit boosts education and braces for future shortfalls amid federal funding cuts.
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom’s office said the state faces a $2.9 billion budget deficit this year, ...
Another challenge is that fraud is not easy to root out entirely. Historically, "only a small percentage of tax dollars lost to fraud are ever actually recovered by the government," said Bob ...
KANSAS CITY, Mo. — State Auditor Scott Fitzpatrick has issued a warning about Missouri’s financial health. Auditor Fitzpatrick is urging lawmakers to take immediate action to curb the trend of deficit ...
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 Newsom administration released the proposal Friday for the upcoming 2026-27 budget year, which acts as a starting point ...