City Controller Kenneth Mejia warned that unless things change, cuts to city services and hiring freezes will continue.

New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...

Facing a $39 million shortfall in the next fiscal year, Phoenix City Council voted to hike sales taxes from 2.3% to 2.8%.

After several failures to pass a supplemental budget, Democrats say this budget will close the MaineCare funding deficit and ...

Senate Democrats in Washington state are proposing tax increases targeting some of the wealthiest residents and companies in ...

Maryland's budget talks progress as Governor Moore and lawmakers consider solutions for the $3 billion deficit, including ...

In 2024, 1.8 million Russians received notifications from the Federal Tax Service about the need to pay income tax on ...

To cut the physics program because of low enrollment while it’s still a money producer is kind of surprising,” one professor ...

The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...

The Federal Hocking School Board voted 3-2 to eliminate the positions at Tuesday’s meeting as a way to cut down on ...

California's budget problems get significantly worse as healthcare costs soar and revenue projections fall short.

Soaring government spending pushed Russia's budget deficit to 2.70 trillion roubles ($31.45 billion) in the first two months ...