Recommendations by the Solano County civil grand jury on how to ease Benicia's budget deficit got a mixed review from the city manager, though overall he said the inquiry is beneficial to residents.

The US government 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, Medicare and record-high interest costs ...

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

Despite a $3.8 million projection in May, Spokane officials reviewed data Thursday that show the city’s general fund deficit ...

The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...

During fiscal year 2022, the US budget deficit was slashed in half, falling to under $1.4 trillion, amid a winding down of pandemic-related spending and a jump in revenue from the surging economic ...

The U.S. federal budget deficit is expected to nearly double this year, growing to $2 trillion as a result of higher interest rates and lower tax revenue.

The U.S. budget deficit surged to a record of $1.9 trillion for the first seven months of this budget year, bloated by the billions of dollars being spent in coronavirus relief packages. The ...

The U.S. federal deficit totaled $2.8 trillion during the 2021 fiscal year, marking the second-highest budgetary shortfall on record, but a slight improvement from the previous year as the economy ...

US Budget Deficit Hits $2.77 Trillion in 2021, 2nd Highest As a percentage of the overall economy, the 2021 deficit represents 12.4% of GDP, down from the 2020 deficit, which was 15% of GDP ...