Understanding Budget Deficits: Causes, Impact, and Solutions

Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing ...

The deficit just grew by $955 billion in 7 months. It’s time for a constitutional fix to control the budget

Interest payments just hit $628 billion. Decades of failed congressional fixes prove that only a constitutional amendment can ...
Arkansas Democrat-Gazette

Federal deficit rising more slowly than in 2025, yet still on track to add $1.9 trillion to debt this year

WASHINGTON -- The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap ...
The Northwest Arkansas Democrat-Gazette

Federal government reports $215 billion monthly surplus thanks to taxes

The United States government had a $215 billion surplus last month as a result of the federal income tax deadline.

Gavin Newsom’s myths and figures budget just a campaign ad for 2028

California Governor Gavin Newsom presented his final state budget revision on Thursday as if it were the opening ad of his ...

Newsom outlines his final budget proposal with no deficit, new major spending

California Gov. Gavin Newsom on Thursday proposed a revised budget proposal without a deficit for his last year of office and the next, laying out a $350 billion spending plan that includes little new ...

Newsom proposes $350B budget with no projected deficit for next two budget cycles

The initial budget projected deficits for FY26-27 and FY27-28 at $2.9B and $22B. With new taxes on corporations and less ...
The American Prospect

Mamdani Announces Balanced Budget Without Cuts

Buoyed by billions in assistance from the state, real talk about what it takes to run New York City, and some taxes on the rich, the mayor closed a historic leftover budget deficit.