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State lawmakers to vote on budget as deadline looms
State lawmakers are set to pass a balanced budget that addresses a $12 billion deficit by Friday. SACRAMENTO, Calif. — California state lawmakers are set to pass a balanced budget on Friday, with a ...
New York Magazine5hOpinion
The Ugly Policies Hidden in Trump’s Big Beautiful Bill
In addition to cutting Medicaid, Trump’s massive bill also enables climate denialism, nationwide ICE raids, and public-school ...
Bessent Sees Deficit Falling Over 10 Years After Tax-Cut Bill
Treasury Secretary Scott Bessent said that there are a number of different assessments of the deficit impact of Republicans’ ...
The U.S. spends $1 trillion a year to service its debt. Here's why experts say that's a concern.
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...
U.S. budget balance swings to slightly wider-than-expected deficit in May
The U.S. federal government spent $316.0B more than it earned in May, modestly wider than the $314.3B deficit expected and ...
NBC Los Angeles1d
U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. government drifted further into red ink during May, with a burgeoning debt and deficit issue getting worse.
US Monthly Budget Deficit Falls to $316 Billion as Tariffs Boost Customs Receipts
WASHINGTON (Reuters) -The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year ...
3 dozen House Republicans urge Senate GOP against ‘budget gimmicks,’ deficit increases
More than three dozen House Republicans are warning Senate GOP leaders against approving additional deficit increases or using “budget gimmicks” to count additional savings in the “one big, ...