U.S. budget deficit soars past $1.1T
U.S. budget deficit soars past $1.1T as spending outpaces revenue
WASHINGTON >> The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said today, including a $307 billion February deficit for President Donald Trump’s first full month in office that was up 4% from a year earlier.
Philadelphia Mayor Cherelle Parker presents her 2026 budget
The Department of Education’s mammoth $41.2 billion budget plan for next year is a whopping third of the entire city’s — but ...
As investment markets swing wildly amid President Donald Trump's tariff actions, fears of a recession are on the rise. What does that mean for NJ?
By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...
Excessive overtime spending in city agencies all but erased Baltimore’s fiscal year 2024 surplus, and now the city is ...
Parents are mobilizing to persuade senators to reject the Republican funding bill, which would leave the budget for the ...
Massachusetts budget observers and key lawmakers are cautioning against panic and rash decisions amid threats to federal ...
The Michigan Senate passed its two-bill spending plan to close the books on the state’s last budget Thursday.
This fiscal year’s budget is $928 million, which grew 5.8% from the previous year’s $877.9 million spending package. The City ...
Tanzania plans to increase overall spending by 13.4% in the fiscal year from July, according to a draft budget that focuses ...
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