IFO: Pennsylvania to hit budget deficit next year
(The Center Square) – After a budget deal passed in the Capitol, a Pennsylvania state agency warns that the surplus will be depleted next year.
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Stories tagged with: deficit
Shocking: Federal deficit grows by 27 percent in four months
The latest federal budget projections paint a troubling picture of the U.S. fiscal problem.
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CBO: U.S. budget deficit at $1.7 trillion over past year
The nonpartisan Congressional Budget Office this week revealed the magnitude of the federal deficit, growing to $1.7 trillion in one year, as the national public debt reached
Newsom budget promises no new taxes but $15.2B in cuts against $80B deficit
California Gov. Gavin Newsom promised “no new taxes” in his 2024-2025 budget as he announced the state’s shortfall is $7 billion worse than was expected in January, and... Read More.
Newsom budget promises “no new taxes” but $15.2B in cuts against $80B deficit
California Governor Gavin Newsom promised “no new taxes” in his 2024-2025 budget as he announced the state’s shortfall is $7 billion worse than was expected in January, and... Read More.
Extending Trump tax cuts would add $4 trillion to deficit, CBO says
New projections show that extending provisions of President Donald Trump's 2017 tax cut past their sunset dates would add $4 trillion to the federal deficit over the next... Read More.
Senators concerned over growing agricultural trade deficit
U.S. agricultural trade exports declined by $17 billion in fiscal year 2023, raising concerns from U.S. senators about how the Biden administration will address the issue.
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Fact check: Bidens claim he cut the deficit challenged as false
President Joe Biden took aim at the nation's debt and deficit in his State of the Union address on Thursday, but several of his financial claims were false,... Read More.
Bidens claim he cut the deficit challenged as false
President Joe Biden took aim and the nation's debt and deficit in his State of the Union address on Thursday, but several of his financial claims were false,... Read More.
Biden calls for business tax hikes to reduce budget deficit
President Joe Biden proposed raising taxes on the nation's job creators to help shrink the government's ballooning budget deficit during his State of The Union address Thursday night.
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$6.1 Billion Question: How Will NY Gov. Cuomo Close the Deficit?
Despite lofty promises in his State of the State address last week, NY Gov. Andrew Cuomo did not get into a lot of specifics nor detail any plan to pay for his so-called progressive agenda at a time when financial officials claim the Empire... Read More.
Assemblyman Friend: Dems Will Burden Taxpayers with Deficit
Assemblyman Christopher S. Friend (R,C,I-Big Flats) is troubled by the recent report from the Division of Budget, which indicates that the state is facing a $6.1 billion deficit in the next fiscal year’s budget, with about half due to Medicaid over-spending. There is a... Read More.
