A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...

The tech billionaire warned that members of Congress who campaigned on reducing government spending but vote for Trump’s bill ...

With tax revenue down for the second year in a row, Santa Rosa commissioners are on a mission to reallocate funding, save ...

Buffett’s threshold was a deficit of more than 3% of GDP. In fiscal 2024, the U.S. economy generated $28.83 trillion in GDP, while the federal government spent $6.75 trillion and collected $4.92 ...

Implement the National Tax Policy to solve Kenya's tax problems; The Government, Mbadi said, was committed to implementing a fiscal consolidation plan targeting to reduce fiscal deficit to 4.3 ...

Camden school district plans to lay off 117 employees July 1 to close a $91 million budget deficit, marking its most sweeping job cuts in recent years. The cuts run deep in the South Jersey school ...

An obscure item tucked deep inside President Donald Trump’s “big, beautiful” tax and spending bill is spooking Wall Street. The question is how and why this idea came up in the first place ...

Whose Idea Is Trump’s Big, Absurd ‘Revenge’ Tax? Section 899 saps foreign appetite for US debt just as the government is struggling to finance its fiscal deficit. June 3, 2025 at 3:00 PM EDT ...

Many people are unhappy with the mayor's budget though, and pushback began nearly immediately after its introduction. MORE: Federal cuts threaten to increase SF budget deficit to $2B, mayor warns ...

Under the "big beautiful" spending bill passed by House Republicans early Thursday morning, every baby born from the start of this year to Dec. 31, 2028 would receive $1,000 that would be invested ...

Wichita faces a projected $5.5M deficit, exploring cuts like animal control and library services. Could sales tax ease pressure? City decisions loom.

Los Angeles Unified School District’s fiscal outlook is bleak, with a structural deficit projected to hit $1.3 billion in the 2028 fiscal year. “It’s not a rosy picture,” said LAUSD school ...