In 2018, CBO forecasted cumulative revenues of $27.015 trillion from 2018 through 2024 vs. actual revenue of $28.518 trillion. Spending was forecast to cumulate to $34.72 trillion when, in fact, the ...

WASHINGTON — Senate Republicans successfully approved a procedure allowing the party to utilize an alternative budgeting standard that minimizes the financial impact President Donald Trump’s tax ...

Schenectady — NYS Comptroller Tom DiNapoli joined Power & Politics this week, discussing his most recent analysis of the State FY2026 Budget. He touched on the impact of the economic outlook, the ...

SAN ANTONIO – The City of San Antonio could be facing a hefty budget deficit in the near future if changes are not made. On Wednesday, San Antonio officials briefed councilmembers on the city’s budget ...

SamTrans adopted a two-year budget, with better-than-anticipated projections for the next fiscal year, which begins next month. Agency staff previously estimated a slight deficit for fiscal year 2026 ...

The latest Congressional Budget Office long-term projections demonstrate just how unsustainable our current fiscal trajectory is. This statement probably does not come as a surprise, but it invites ...

Chicago's projected budget deficit in 2026 is even higher than previously predicted, Mayor Brandon Johnson and city officials warned Friday. The city is facing major revenue shortages next year and a ...

The Congressional Budget Office has released new economic projections, indicating that unemployment, inflation and overall ...