WASHINGTON (Reuters) -U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending ...

The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...

Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...

Washington lawmakers and the governor Tuesday got the grim state revenue news they’ve been expecting. Estimates show tax collections for the two-year operating budget that begins July 1 will be ...

Washington state budget writers got a mild dose of good news on Tuesday, but are still looking at a strained balance sheet. Revenue projections show collections up $105 million for the current ...

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Minnesota budget analysts project the state will have a surplus of nearly $2.5 billion in the current budget and a deficit of just under $3 billion in the next, a significant shift compared to a more ...