Higher ed's budget woes are spreading. Recently, four flagship universities have announced large deficits because of federal ...

The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department ...

The federal budget deficit topped $1 trillion in the first five months of fiscal year 2026, as the U.S. government is on pace to record another massive deficit. The nonpartisan Congressional Budget ...

The Nova Scotia government's $1.24-billion projected deficit has been the source of much debate since last month's release of an $18.9-billion budget. The shortfall is driven by record capital ...

For the second year in a row, Chicago Public Schools is on track to spend more money than is coming in — a sign of the district’s difficult financial situation. Two financial reports submitted to ...

The move to dip into the city’s so-called rainy day fund is the starkest indication yet of Boston’s strained financial ...