News

US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, ...
US rakes in record $16B in customs duties in April from Trump tariffs
Overall, the US government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier.
Historic US budget alarm replaces tariff anxiety
RELIEF following the tariff war de-escalation looks set to be quickly replaced by government budget tensions. Alarms are ...
US budget surplus rises 23% to $258 billion in April, customs revenue surges
The U.S. government posted a $258 billion budget surplus for April, up 23% from a year earlier, reflecting strong tax ...
Not-so-happy deficit day, everyone
DRIVING THE DAY — Gov. Gavin Newsom will propose capping undocumented Californians’ enrollment in Medi-Cal as the programs’ ...
YISD: No layoffs, no school closures amid $5k buyout due to deficit
The Ysleta Independent School District is offering up to 400 teachers a $5,000 buyout as part of its strategy to address a ...
Sacramento leaders debate budget cuts to skate park, police department
Multiple public speakers on Tuesday night spoke against the proposed cutback in funding to Sacramento’s 28th & B Skate Park ...
Burlington Mayor Emma Mulvaney-Stanak discusses city job cuts, need to close budget deficit
With Burlington facing an $8M deficit in this year's fiscal budget, Mulvaney-Stanak said she made the difficult decision to ...
Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.