Sitting in the packed and tense cafeteria at George Westinghouse College Prep School in Humboldt Park, Marquis Griffin did not envision himself having to be at the school on a Tuesday night in July, ...

Maryland’s economy shows strong assets but faces high taxes, a $1.5B deficit, workforce gaps and federal uncertainty.

California governors tend to leave hefty budget deficits behind when they depart, forcing their successors to raise taxes, borrow money or make big spending cuts to maintain solvency. It happened in ...

OAKLAND, Calif. - A new report states California will face an $18 billion budget deficit next year, the fourth year in a row the state's expenses have surpassed its revenues. The Legislative Analyst’s ...

California’s deficit grows, uncertainty looms, and state leaders may have fewer options than before to tackle it.

LOUISVILLE, Ky. (WAVE) - JCPS Superintendent Brian Yearwood established a Revenue Advisory Task Force a few months ago, which is now tasked with figuring out how to fix a $188 million budget deficit.

The Wallingford-Swarthmore School District is headed for a $2.6 million budget deficit, district officials said during a presentation on Tuesday night. At a meeting of the district’s finance committee ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

An aerial view of the California state Capitol on August 19, 2025 in Sacramento,. The Legislative Analyst’s Office released a report Wednesday, Nov. 19, 2025, that projects another budget deficit in ...

WASHINGTON -- The federal government's budget is in far worse shape than most Americans realize, and the fiscal hole is deepening, the head of Congress' non-partisan watchdog agency said yesterday.