Federal budget deficit hits record $1.1T in first 5 months of fiscal year
New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...
Chester bankruptcy receiver resigns, as the city’s ‘fiscal emergency’ approaches year five
Five years after former Gov. Tom Wolf declared a “fiscal emergency” in Delaware County’s only city and appointed Michael ...
Tanzania plans to raise spending by 13% in fiscal year from July, draft shows
Tanzania plans to increase overall spending by 13.4% in the fiscal year from July, according to a draft budget that focuses ...
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for ...
NYC public schools boss says mammoth $41.2B budget ask still isn’t enough — wants ‘hundreds of millions’ more
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 Iowa revenues fall, lawmakers likely have to take millions from reserves to meet budget
A state panel said it expects Iowa to take in $8.51 billion in the upcoming fiscal year. That's $400 million less than Iowa is spending this year.
Japan PM apologises for giving out gifts, clouding budget prospects
Japanese Prime Minister Shigeru Ishiba apologised on Friday for giving gift certificates to some ruling party lawmakers, a ...
What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.
By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...
Congress poised to force $1B cut to local DC budget, surprising many lawmakers
Congress is poised to pass a President Trump-endorsed funding bill this week that D.C. officials warn would lead to a $1 ...
Prince George’s County releases ‘difficult’ $5.7B budget proposal
The only word used to describe the fiscal 2026 budget proposal released by acting PG County Executive Tara Jackson more than “challenge” was “difficult.” ...
Mass. budget observers warn against ‘preemptive panic’ amid federal funding threats
Massachusetts budget observers and key lawmakers are cautioning against panic and rash decisions amid threats to federal ...
Senate Democrats face tough choice on budget ahead of midnight deadline
The Senate will vote Friday on a temporary budget to prevent a government shutdown. Democrats are divided on the issue.