The Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt through 2034 – $1 trillion more than the House-pa ...

The White House released President Joe Biden's $6.9 trillion budget proposal Thursday, a plan for 2024 that includes tax increases for wealthy Americans and a goal to reduce the federal deficit by ...

The latest budget forecast came out Wednesday and it shows the state running surpluses for three years before falling off a fiscal cliff by 2029.. Source of deficit. Almost half the projected $5.1 ...

The New York State Comptroller said Tuesday that several of New York City’s fiscal challenges could result in a budget gap nearing $10 billion by 2026 — potentially affecting essential ...

Former President Donald Trump’s tax cuts are slated to expire after 2025, and the federal budget deficit could complicate tax policy negotiations.

The U.S. faces a debt dangerous crisis with Congress's overspending pushing the nation towards a fiscal cliff. Trump has to figure a way to fix things before it's too late.

Runaway spending on Gov. Kathy Hochul and state Democrats’ record, election year, $220 billion budget has left New York facing deficits for the next five years, watchdogs warned Tuesday, saying ...

At the current yearly deficit of about $2 trillion, this would require $1.5 trillion in fiscal reform, according to The Wall Street Journal. This task might seem politically impossible. It is not.

MUKILTEO — The Mukilteo City Council voted 5-2 to approve a new biennial budget Monday that is set to leave the city with a $3.4 million general fund deficit by 2026.. The council majority hopes ...

The New York State Comptroller said Tuesday that several of New York City’s fiscal challenges could result in a budget gap nearing $10 billion by 2026 — potentially affecting essential ...

Former President Donald Trump’s tax cuts are slated to expire after 2025, and the federal budget deficit could complicate tax policy negotiations. Skip to content. Main Navigation.

Many provisions from the Tax Cuts and Jobs Act, or TCJA, of 2017 are slated to expire after 2025, unless Congress passes legislation to extend them. The federal budget deficit could complicate ...