US federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending legislation and tariffs, ...

U.S. President Donald Trump's proposed increase in defense spending for 2027 is unlikely to be offset by savings or revenues ...

Washington — President Donald Trump's tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the projection ...

It seems like just yesterday that Gov. Gavin Newsom and state legislators enacted a state budget that papered over a $20 billion gap between income and outgo while blaming President Donald Trump for ...

Gov. Gavin Newsom proposed a state budget for the fiscal year beginning July 1 with a $2.9 billion deficit, an amount ...

States are bracing for one of the most disruptive tax years in recent memory as the One Big Beautiful Bill forces them to rethink how their tax codes line up with federal law, especially the ...

San Diego City Council President Joe LaCava. (Photo by Ken Stone) SAN DIEGO – San Diego City Council President Joe LaCava discussed the complexities of dealing with the current city budget deficit and ...