Budget deficit hits $1 trillion in first five months of fiscal year: CBO

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

Sac City budget deficit hits $171m. Why do its finances look worse every month?

A $43 million shortfall grew to a $171 million deficit. Here are the factors that contributed to the school district’s budget ...

King William continues to look for ways to avoid budget deficit

KING WILLIAM — King William County is to consider raising personal property taxes to help stave off a $1.7 million deficit in its budget for fiscal year 2027. Director of Finance Stacey McBride ...
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Colorado's budget deficit grows in the latest economic outlook

Colorado lawmakers learned Thursday that the state's fiscal picture is worse than previously known, raising the prospect of ...

San Antonio ISD identifies $19.3 million in budget cuts in bid to reduce deficit by half

SAN ANTONIO - San Antonio ISD leaders say they have identified $19.3 million in budget reductions as the district works to close a projected structural deficit ...