US Oct.-February budget deficit hits record $1.147 trillion

James Carter is a Principal with Navigators Global. He previously headed President Donald Trump’s tax team during the 2016-17 ...
Extending the expiring tax cuts for individuals and large estates would double down on the flaws in the 2017 law by giving ...
While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January due to a drop in income.
$4.5 trillion in tax cuts, leading to a $2.8 trillion increase in the deficit through 2034. If the Trump-era tax cuts are ...
The University of Michigan created the new spending rules after it was told "to stop work on a multimillion-dollar project." ...
The state will have a $456 million surplus heading into the 2026-27 fiscal year, down $160 million from the previous estimate ...
Maryland's top financial officers say that the state is beginning to feel the pain, as they anticipate more cuts in the ...