WASHINGTON (Reuters) -U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending ...
Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...
The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...
Hidden in Treasurer Jim Chalmers’ budget papers, a $48 billion correction to spending forecasts has put a spotlight on the accuracy of advice to cabinet.
At the year’s first Consensus Revenue Estimating Committee, staff from the House Fiscal Agency, Senate Fiscal Agency and the ...
The Legislative Analyst’s Office tried to do its best with the impossible—layout a budget forecast for the next four years in uncertain times. The budget estimates offered yesterday assumed state and ...
Minnesota’s projected budget surplus has grown to nearly $2.5 billion in the current two-year budget cycle, though a projected shortfall of almost $3 billion is expected in the following two years.
Washington state budget writers got a mild dose of good news on Tuesday, but are still looking at a strained balance sheet. Revenue projections show collections up $105 million for the current ...
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