The budget hole calls for sustainable revenue increases or serious spending cuts, the Legislature’s analysts say. But either ...

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.

The California Legislature returns to work Monday for the 2026 session, and a major financial headache awaits. The ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

French Finance Minister Roland Lescure said the 2026 deficit could exceed 5.4% of economic output after parliament failed to ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

In a three year-span, the Los Angeles County Office of Education sent 10 letters to Pasadena Unified School District warning it to address ongoing deficit spending. The letters, provided to this ...

Auditor Fitzpatrick is urging lawmakers to take immediate action to curb the trend of deficit spending before the state’s ...

Sen. Mitt Romney is right about one thing: the fiscal cliff is real (Herald, Dec. 28). But taxing “the rich” has become Washington’s favorite distraction from the true cause of our deficit – ...

From a multi-million dollar county budget deficit to a decrease in federal and state resources, Dane County Executive Melissa ...

The deficit forecast has now been increased to £8.5m, according to a new report. Putting up the fees and introducing charges ...

ROME (AP) — Italy’s Parliament on Tuesday approved the government’s 2026 budget, including deficit-cutting measures. The ...