WASHINGTON (Reuters) -U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending ...

The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...

Budget raises US growth and trims inflation forecast, but flags elevated risks. California shows weak labor market: highest state jobless rate and slower payrolls. Budget warns tariffs, immigration ...

Washington lawmakers and the governor Tuesday got the grim state revenue news they’ve been expecting. Estimates show tax collections for the two-year operating budget that begins July 1 will be ...

Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...

Washington state budget writers got a mild dose of good news on Tuesday, but are still looking at a strained balance sheet. Revenue projections show collections up $105 million for the current ...