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

The California Legislature has been presented two starkly different versions of the state's fiscal outlook, and it remains to be seen if lawmakers will choose to operate under their own analyst's ...

In a new projection from the nonpartisan Congressional Budget Office, the federal budget deficit - the gap between government revenue vs. spending - will be $1.9 trillion for the 2024 fiscal year. The ...

The projected gap was outlined during a recent budget informal session, prompting questions and concern about the district’s ...