Since taking over in June, interim Chicago Public Schools CEO and Supt. Macquline King has been laser-focused on coming up with a plan to close the school district’s $734 million budget deficit. King ...

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Learn how fiscal policies like government spending and tax changes impact budget deficits. Understand their influence on economic stability and growth.

Taken in absolute terms at the end of each presidential term, the claim is true. However, while a U.S. president can direct policy and campaign for certain spending priorities and tax reforms, the ...

The Board of Education passed a budget on Aug. 28. CPS leaders in June pegged the budget deficit at an eye-popping $734 million. On Aug. 13, they released a budget plan that they said closed the ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...