As state lawmakers returned to Sacramento for a new legislative session this week, Democratic members are having serious ...

The California Legislature returns to work Monday for the 2026 session, and a major financial headache awaits. The ...

In 2019, first-year Gov. Gavin Newsom inherited a state flush with cash. With a $21.4 billion budget surplus to play with, an ...

The unprecedented funding request comes as the president has pursued military action across Latin America and is threatening ...

Rockford Public Schools leaders projected a more than $13 million budget shortfall for the 2027 fiscal year, as early budget ...

The budget hole calls for sustainable revenue increases or serious spending cuts, the Legislature’s analysts say. But either would be unpopular with top Democrats.

As California legislators return to Sacramento and prepare to tackle a budget deficit, all eyes are on new Senate President ...

Will California Gov. Gavin Newsom raise taxes or cut spending to fix an $18 billion budget shortfall? Either could spell trouble for his legacy.

If interest rates stop being market signals and become policy decisions, what survives may look less like capitalism—and more ...

MoCo House delegation chair Palakovich Carr warns of looming budget challenges, says she’s ‘mindful’ of county impacts ...

With Maryland staring down a projected $1.4 billion budget deficit, scrutiny is intensifying over how effectively the state ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...