The U.S. government recorded a $1.8 trillion budget deficit for fiscal 2025, just $8 billion smaller than the previous year, the Congressional Budget Office said. Revenue rose 6% while spending ...
The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...
San Diego officials have significantly stabilized the city’s long-term finances in the last year thanks to budget cuts and rising revenues — but the city still faces a projected $110 million deficit ...
The U.S. trade deficit with the world will set a record in 2025, which will be the fourth record in Trump’s five years in office, according to my analysis of U.S. Census Bureau data. It will surpass ...
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 ...
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