Outside of the pandemic years, this year’s federal deficit is the highest in U.S. history. Preliminary figures from the Congressional Budget Office (CBO) for fiscal year (FY) 2023 indicate the federal ...

After months of political wrangling and intense number-crunching, the final budget for San Francisco’s coming two years was released by the Controller’s Office yesterday. And it is a whopper. The ...

The US budget deficit soared in fiscal year 2023, which will likely complicate Congress’ efforts to come to a federal spending deal before government funding runs out next month. The deficit was $1.7 ...

WASHINGTON, Oct 20 (Reuters) - The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, ...

The budget surplus for last financial year has come in at $15.8 billion, well exceeding the $9.3 billion that was forecast in the May budget. Treasurer Jim Chalmers, just back from talks in Beijing on ...

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our ...