The problem is not that the government collects too little. The problem is that the government spends too much.

Anita Chabria and David Lauter bring insights into legislation, politics and policy from California and beyond. In your inbox three times per week. SACRAMENTO — It’s almost like slapstick comedy — the ...

The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...

Isn’t that what leaving any increase in deficit associated with partial privatization of social security off the books implies? Bush’s formula on the dollar in Santiago emphasized the need to control ...

A last-minute jump in healthcare figures turned what was nearly a balanced budget into a $1 million problem for the Palmerton Area School District. Assistant Superintendent for Finance and Facilities ...

TRENTON, N.J. (PIX11) – With less than 2 weeks remaining before her inaugural budget address, New Jersey Governor Mikie Sherrill did not mince words about the State’s fiscal challenges. In a press ...

Ann Sampson Grimes' attorney says the reassignment is "continued harassment." ...

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THE BUDGET THAT I’M PROPOSING HAS NO TAX AND NO FEE INCREASES. SOME BIG PROMISES DESPITE A LOOMING MASSIVE DEFICIT, LAWMAKERS IN ANNAPOLIS BEGIN THE 2026 SESSION WITH A LONG LIST OF PRIORITIES AND ONE ...

Within the last two years, the outlook of Nebraska’s financial health has taken a U-turn from having a near $2 billion surplus to now facing a structural deficit that could last years.