Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

What’s the bigger generational burden: small amounts of annual borrowing to pay for small governmental overages in a nation full of 20 percent taxed middle earners (governments can't borrow ...

California’s deficit grows, uncertainty looms, and state leaders may have fewer options than before to tackle it.

ST PAUL, Minn. — The latest update on Minnesota's finances offers the proverbial mixed bag, with short-term gain and longer-term pain. A summary of the November Budget and Economic Forecast by the ...

The main worry about any set of government finances is whether the budget is balanced or not. In other words, does the ...

It seems like just yesterday that Gov. Gavin Newsom and state legislators enacted a state budget that papered over a $20 billion gap between income and outgo while blaming President Donald Trump for ...

As Gov. Mike Kehoe and the Missouri General Assembly prepare to draft this fiscal year’s budget, State Auditor Scott ...

The state auditor said in a report Monday that Missouri's budget surplus could be depleted within a couple of years if ...

The Chicago Board of Education approved a balanced budget for Chicago Public Schools Thursday. Twelve of the Board members voted "yes," and seven voted "no." One person abstained from voting, after an ...

THE government’s budget balance swung into a deficit in November as spending outpaced revenues, Bureau of the Treasury (BTr) ...