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.

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.

If Trump holds Democrats and Republicans equally responsible for spending cuts and tax increases, members of Congress might cooperate productively in a bipartisan manner.

Runaway spending on Gov. Kathy Hochul and state Democrats’ budget has left New York facing deficits for the next five years, watchdogs warned.

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...

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 ...