Larry Summers said the bill likely would not make the economy stronger, and flagged concerned over the amount it would add to ...

CNBC's Leslie Picker reports on news regarding the American budget deficit. Trump Promised ‘No Tax on Tips.’ Then Came the ...

SEPTA’s board of directors recently voted to approve major cuts in service and significantly increase fares, write Laura Fay, ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

The US debt has surpassed $37 trillion, yet markets remain calm. Trump's new tax bill adds fuel to a growing crisis investors ...

Now that the budget bill has passed Congress, we can see clear projections for how it will impact deficits, government debt, and debt service expenses.

A memo from deficit hawks in the House Freedom Caucus and others tore into the Senate-passed version of the “big, beautiful ...

Were a private corporation to cook its books like the state government does, its executives could wind up in jail for fraud.

UConn will be increasing enrollment, reducing expenses and reallocating resources to deal with the 2026 budget deficit.