Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing government spending and national debt.

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

The opening salvo in Mayor Brandon Johnson’s third budget cycle was directed clearly and unequivocally at President Donald ...

Dozens of educators in the Whitman-Hanson school district could lose their jobs in the middle of the year because of a ...

More building closures, cutting high school busing and potential staff cuts are on the horizon. The district laid out these ...

Mayor Brandon Johnson laid out his proposal on how to close a projected nearly $1.2 billion budget deficit in 2026.

Canada recorded a higher C$11.07 billion ($7.89 billion) budget deficit for the first five months of the 2025/26 fiscal year ...

Folsom will take a fire truck out of service by Oct. 1, reassign crews and adjust resources to close a $3M budget gap, ...

The University of Louisiana at Lafayette cut an additional 70 employees across all in an effort to address its $25-million ...

By early 2025, the warning signs had spread beyond NOPD. Facing a cash shortfall, the mayor’s administration moved to back ...

Mark Carney's government is getting ready to table its first budget this week, one that will be markedly different from budgets of the past.