US budget deficit dips in fiscal 2025 on boost from tariffs, education spending cuts

The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from ...

Trump and budget chief Vought are making this a government shutdown unlike any other

As the shutdown enters its third week, the Office of Management and Budget said Tuesday it's preparing to “batten down the ...

U.S. runs another huge budget deficit in 2025 — and the national debt hits another record

The U.S. government ran a slightly smaller budget shortfall in the most recent year thanks to higher tariff revenue — but the ...

Union leaders warn that state budget impasse, federal shutdown could compound each other

Roughly 66,000 federal employees in Pennsylvania are either furloughed or working without pay, union officials said at a ...

Mayor Brandon Johnson proposes record TIF surplus to help eliminate $1.2 billion budget shortfall for 2026

Mayor Brandon Johnson presented a 2026 spending plan for Chicago that avoids a property tax hike by declaring a massive TIF surplus and going after wealthy corporations to pay more in taxes.
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Michigan wetlands funding cut by two-thirds in new state budget

LANSING, MI — Michigan lawmakers cut regular state funding to restore, enhance and acquire wetlands by $2 million in the new ...

Who is responsible for solving Pennsylvania’s budget divide?

In a statement from the chamber’s top GOP leaders, Sens. Joe Pittman and Kim Ward pointed out that the state’s budget has ...

Oregon spending more money on health care for noncitizens than state police, budget shows

An Oregon House Republican leader is calling attention to the state's spending disparity between healthcare for non-citizens ...
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Troy's $122 million 2026 budget proposal leaves some councilors with questions

The City of Troy’s proposed 2026 budget is drawing concerns from council members in both parties. The more than $122 million ...