I have always thought that the acronym for the Mid-year Economic and Fiscal Outlook, MYEFO, sounds a bit like a nasty disease ...

California Gov. Gavin Newsom left the unenviable task of detailing a budget that has an estimated $3 billion shortfall — and ...

The Canton City Board of Education must cut millions from its budget due to state and federal funding reductions. Without cuts, the district anticipates moving to deficit spending and a negative fund ...

German government deficit seen at 4.8% in 2028 Bundesbank urges action to control public spending Debt-to-GDP ratio to remain relatively low FRANKFURT, Dec 19 (Reuters) - Germany is heading for its ...

A French parliamentary committee failed to agree on a 2026 budget, pushing discussion on the full fiscal plan into the new year and increasing doubts over how the government can rein in the deficit.

UK borrows 11.7 billion pounds in November Economists had pointed to borrowing of around 10 billion pounds November borrowing lowest since 2021 But economists warn meeting OBR forecast will be a tough ...

A recent city report issued provided greater detail about the $936.6 million budget shortfall that San Francisco is facing in the upcoming two fiscal years, and it reiterated that the deficit is ...

California used to be the place where people went to chase dreams. Today, it’s the place where fiscal discipline goes to die. The Golden State, which is home to Hollywood glitz, Silicon Valley ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

CLAYTON, Mo. — The St. Louis County Council unveiled a sweeping plan on Monday to narrow a projected $81 million budget deficit, aiming to reduce the shortfall by approximately $48 million through a ...

John Hawkins was formerly a senior economist with Treasury and the Reserve Bank. Stephen Bartos does not work for, consult, own shares in or receive funding from any company or organization that would ...

SPRINGFIELD, Ill. (WAND) — A new Illinois law has allowed the Pritzker administration to address the state's current budget deficit by decoupling from tax benefits included in the "Big Beautiful Bill.