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, ...
Republican Reconciliation Package Will Lead to $3 Trillion Annual Deficits
The reconciliation package taking shape in the House will add at least $3.3 trillion to the debt through 2034, according to a ...
City of Fresno dealing $20M budget deficit in annual budget
On Wednesday, Fresno Mayor Jerry Dyer announced his 2025-2026 budget of $2.36 billion.
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.
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Trump tariffs and rising health care costs knock California budget back into deficit
As Gov. Gavin Newsom prepares to unveil his revised budget proposal, California is experiencing unexpectedly shaky economic ...
Fort Worth ISD to review school closures as budget deficit prompts phased plan
The district plans to present its finalized list of closures to the Board of Trustees during a special meeting Tuesday.
Tariff Revenue is Surging, But Not Enough To Plug Federal Deficit
The U.S. collected a record $16.3 billion in customs revenue in April, although the "Liberation Day" import tax revenue surge ...
Canutillo ISD to discuss non-renewals and cuts to address budget deficit
The Canutillo Independent School District is among the districts in the El Paso area struggling with a budget deficit, ...