The budget hole calls for sustainable revenue increases or serious spending cuts, the Legislature’s analysts say. But either would be unpopular with top Democrats.

This story was produced as part of the Colorado Capitol News Alliance. It first appeared at coloradosun.com. It’s one state budget crisis after another. That’s the takeaway from quarterly economic and ...

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 ...

California will face a nearly $18 billion budget deficit in the new fiscal year due to higher than expected spending, despite an economic boon largely driven by AI enthusiasm and strong revenue, the ...

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

MUSCAT: Dr Saeed bin Mubarak al Muharami, Professor of Finance at Sultan Qaboos University, said there is a difference ...

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 ...