Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing government spending and national debt.

FARGO — The Fargo school board has given final approval to the 2025-26 budget, marking a second straight year of projected multi-million dollar deficits for the district. The budget was the main item ...

The Sacramento City Unified School District is facing a significant budget deficit, showing a $43 shortfall at a recent meeting. Teachers say, the important thing is, education will still continue for ...

The Green Bay School District will face a $3.6 million deficit, but will avoid major cuts to its workforce. The district points to the state budget, which cut state aid and increased payments to other ...

WASHINGTON, Oct 16 (Reuters) - The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump's tariffs and cuts to ...

The U.S. budget deficit edged lower for 2025 as record-setting tariff collections helped offset what also were unprecedented numbers for payments on the spiraling national debt. The red ink would have ...

MUMBAI, Nov 11 (Reuters) - Sri Lanka expects slower expansion of its budget deficit as the government aims to sustain growth with a focus on exports and economic diversification with help from ...

NEW ORLEANS — The New Orleans City Council has unanimously passed a resolution to apply for a $125 million state bond to help address the city’s projected $160 million budget deficit. It may be a ...

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 ...

ROCHESTER WITH A LOOK AT HOW THE CITY IS NOW WORKING TO FILL THE GAP. IT WAS REALLY KIND OF THE PERFECT STORM OF A WHOLE LOT OF JUST BAD PRACTICES THAT KIND OF CAME CAME BACK TO BITE THAT BITE. A $1.3 ...