Budget officials say that by 2030, there will be enough revenue to pay for just 84 percent of the state budget, forcing ...
It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the economy.
Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.
The Washington, D.C.-based lender is worried the new administration’s austerity axemen, Elon Musk and Vivek Ramaswamy, could ...
A panel of economists hosted by the Greater Oklahoma City Chamber on Thursday praised the city's economy while warning about ...
The Trump tax cuts doubled the exclusion before lifetime gift and estate taxes applied. For 2025, the threshold is climbing to $13.99 million per person. Without congressional action, the level would ...
Maryland lawmakers will return to Annapolis facing a widening budget gap. Analysts said it could become one of the worst ...
The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.
Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. The US spends the most on ...
SEPTA says there could be major fare hikes and a dramatic cut in service next year as it approaches what the agency calls a ...
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