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(The Center Square) - In October it was revealed that the state operating budget faced a potential $5 billion shortfall for the 2025-2027 biennium. While that figure has changed slightly, the shortfall amount for the four-year outlook has altered ...

Elon Musk and Vivek Ramaswamy will try to cut federal spending through the Department of Government Efficiency.

(The Center Square) - Washington state is overspending its revenue by billions of dollars, but finding out just how many billions has state officials offering up broadly different figures. During last Thursday's meeting of the Washington State Board ...

"There's really no capacity for new commitments because we do estimate there to be these pretty significant operating deficits," a state budget expert said.

(The Center Square) - Earlier this month, state officials reported that the operating budget faces a $10-12 billion deficit over the next four years. Unlike during the Great Recession, the budget deficit isn't due to a decline in revenue, as many of ...

President-elect Donald Trump has chosen Russell Vought to lead the OMB, a role he held during the first Trump administration.

Rising long-term bond yields could force the federal debt and deficits back into the spotlight as President-elect Donald Trump enters office.

Donald Trump gets another chance to downsize the federal bureaucracy and workforce.

(The Center Square) - A report forecasting major budget deficits for the state of Illinois is getting the attention of Senate Republicans. Earlier this month, the Governor's Office of Management and Budget released a five-year projection that shows . ...

The policies of the Biden-Harris Administration have only made American families worse off today than they were four years ago.