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 ...

Milwaukee bus drivers have rejected a new contract proposed by the Milwaukee County Transit System and their union, the ...

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ...

Chicago Public Schools is facing a massive budget hole, as the district needs to find $734 million in funding or make cuts equaling that amount. On Saturday, CPS hosted its fourth community feedback ...

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. 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 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. 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 ...