GDP growth in the U.S. relies on federal deficit spending, raising concerns about rising debt, inflation, and long-term economic risks.

The fire and police departments are over budget nearly $51 million and $16 million, respectively, mostly due to overtime ...

Facing a $1 billion budget deficit, Colorado lawmakers are debating why the state's budget is so out of whack: Is it a ...

The trouble with socialism is that eventually you run out of other people’s money.” – Margaret Thatcher, British Prime ...

The US budget deficit was already on shaky ground before the Iran war, and reports that Pentagon will seek an additional ...

U.S. oil production is plateauing near record highs, making a 3 million b/d increase by 2028 increasingly unlikely. The CBO projects rising deficits and debt despite tariff revenues, driven by tax ...

Record snowfall this winter meant Boston had to spend more than $47 million more than budgeted on snow cleanup.

The Bipartisan Fiscal Forum is urging Congress to adopt a 3 percent deficit-to-GDP target to stabilize the national debt and ...

An array of charts buried in the fine print of the state budget, unknown to all but a few fiscal nerds, details what California has collected in revenues and spent over the last half-century. The ...

The Kansas Legislature is facing a second consecutive year of deficit spending, where expenses are projected to exceed tax revenues. Lawmakers have a large cash reserve, but are struggling to agree on ...