Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

U.S. national debt hits historic $39 trillion milestone, growing from $38 trillion in five months as deficits surge and ...

The budget deficit narrowed in February at a slower pace than the previous month as US tariff revenue started to slow from ...

Albany Mayor Dorcey Applyrs says the city will be cutting back on expenses to address a $15M deficit from fiscal year (FY) 2025 and a projected $22M deficit in FY 2026.

Hartford Public Schools are facing an unprecedented nearly $70 million deficit this upcoming school year, as city leaders scramble to figure out how to overcome mounting costs and the dwindling ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

KANSAS CITY, Mo. — State Auditor Scott Fitzpatrick has issued a warning about Missouri’s financial health. Auditor Fitzpatrick is urging lawmakers to take immediate action to curb the trend of deficit ...