(The Center Square) - As Spokane continues to grapple with its structural budget gap, the city now says the deficit stands at $14 million after a series of cuts and new contracts. Mayor Lisa Brown proposed two additional cost-saving measures on ...
(The Center Square) - A new report highlights just how bad the state of Illinois has been with the budgetary process over the years. Pew Charitable Trusts found only two states with annual deficits in fiscal year 2022, a record low. Senior associate ...
Last year, the federal government gave taxpayers $10.2 billion in interest payments for delayed tax refunds, more than triple that of a couple of years ago.
Former President Donald Trump's tax and spending proposals would grow the deficit by more than $4 trillion over the next decade, according to a new analysis.
The total national debt hit $35 trillion on Monday, a grim milestone that comes as lawmakers grapple with how best to curb the country's debt and deficits.
The millions of immigrants who have surged into the U.S. since Joe Biden became president will affect the economy and budget, according to a new CBO report.
The United States government spent $6.13 trillion in fiscal 2023. That's nearly $17 billion a day, or more than $700 million every single hour -- and the trendline for our spending is just heading north.