The U.S. budget deficit has soared to a record $1.147 trillion for the first five months of fiscal 2025. This increase is ...

The city of Sacramento’s $44 million budget deficit has forced department leaders to propose ways to decrease their budgets for the upcoming fiscal year.

The city of Los Angeles is "in a particularly challenging financial position" as it develops a budget for the fiscal year ...

To cut the physics program because of low enrollment while it’s still a money producer is kind of surprising,” one professor ...

Educators and parents rallied in Washington to demand prioritization of school funding amid a $13 billion state budget deficit.

The governor's signature follows a heated debate as Democrats pushed through their budget plan on Thursday without Republican ...

The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, ...

Facing a $39 million shortfall in the next fiscal year, Phoenix City Council voted to hike sales taxes from 2.3% to 2.8%.

Atlanta Mayor Andre Dickens’ office has asked all department heads to analyze the potential impacts of budget cuts of 5% to 10%, after finance officials predicted a $20 million deficit at the end of ...

In light of a $10.3 million budget deficit, Southern Illinois University ... If the union doesn’t approve, they can negotiate on the effect of the elimination, said Rachel Tollett, the faculty ...