As the debt approaches record levels as a share of the economy, the United States government continues to run the highest ...

SPRINGFIELD, Ill. (WAND) — A new Illinois law has allowed the Pritzker administration to address the state's current budget deficit by decoupling from tax benefits included in the "Big Beautiful Bill.

The Legislative Analyst’s Office, a nonpartisan government agency, released a critical response Monday to the governor’s budget plans. Newsom’s initial plan calls for $348.9 billion in state spending ...

Wednesday’s budget update will project a deficit of $36.8 billion for this financial year, which is $5.4 billion better than forecast in the Pre-election Economic and Fiscal Outlook (PEFO) issued ...

ALERTS SENT STRAIGHT TO YOUR PHONE. WELL, TODAY WE’RE GETTING A LOOK AT THE GOVERNOR’S OFFICE PROJECTIONS FOR THE BUDGET FOR CALIFORNIA. AND THERE IS A MAJOR DIFFERENCE IN THE BUDGET DEFICIT. TODAY, ...

Anita Chabria and David Lauter bring insights into legislation, politics and policy from California and beyond. In your inbox three times per week. SACRAMENTO — It’s almost like slapstick comedy — the ...

The Federal Government publishes the spending and revenue numbers on a monthly basis. Looking at the average monthly deficit, both October and December were much larger than average, with November ...