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 ...

The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...

The December budget deficit came in at $144.75 billion, a record for the month and 68 percent higher than last year.

In its initial assessment of the governor's 2026-27 state budget this week, the Legislative Analyst's Office chided Gov.

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.

The Newsom administration once overstated income by $165 billion over four years. Now Newsom has announced $42 billion in new ...

TYNGSBORO — The Select Board has begun 2027 budget planning with the task of eliminating a nearly $2 million deficit. The projected shortfall is largely driven by increases in the cost of health ...