The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...

Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

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 ...

House Republicans unveiled a new "big, beautiful bill," which the Republican Study Committee said could cut federal deficit ...

The New York City comptroller, Mark Levine, said that poor budgeting practices by the previous mayor, Eric Adams, had left ...

A draft budget JCPS board members will receive Jan. 20 includes a $39 million deficit - and it could grow in coming months.

Newsom’s $349B budget projects a $2.9B deficit boosts education and braces for future shortfalls amid federal funding cuts.

Gov. Gavin Newsom’s proposed budget “does not materially address” long-term concerns, a key analyst warned Sacramento ...