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Biden, Trump face 'massive tax cliff' amid budget deficit, experts say
CNBC· 7 hours agoThe next U.S. president will face trillions in expiring tax breaks. While President Joe Biden and...
Gov. Gavin Newsom proposes painful cuts to close California’s growing budget deficit
KLAS Las Vegas· 4 days agoSACRAMENTO, Calif. (AP) — California’s budget deficit is at least $45 billion, a shortfall so large...
U.S. budget deficit shrinks in first 7 months of fiscal year
Market Watch· 4 days agoThe numbers: The federal budget deficit shrank in the first seven months of the fiscal year,...
US federal debt is the biggest long-term downside risk for markets: analysts By Investing.com
Investing.com· 2 days agoGoldman Sachs told investors that the fiscal outlook is "not good, but a little better," with the...
Gov. Abbott doubles down on starving public school funding
Houston Chronicle· 8 hours agoTexas Gov. Greg Abbott will not take up Democratic House Members' on their call for a special...
Great job, Biden! Social Security is going broke and debt payments are breaking the bank
USA TODAY Opinion· 12 hours agoFinancial experts have long warned the government that it must get its long-term debt and annual ...
Relief on energy bills for all in a federal budget that bets on lower inflation
The Conversation· 21 hours agoAs Chalmers told federal parliament, “this is a budget for the here and now and it’s a budget for the decade to come”. After an estimated surplus of $9.3 ...
Gov. Abbott blames Texas school districts for mass layoffs
Houston Chronicle· 1 day agoInstead, he cited it as school districts' "consequence" for how they've handled their budgets as...
RI ranked near the bottom in the US for fiscal stability. Is that a fair?
Gannett via AOL· 16 hours agoLargely as a result of declining federal aid, the state now projects a $244-million deficit for the fiscal year starting July 1, 2025. "After a series of budgets& ...
Goldman Sachs CEO raises alarm on US debt: ‘Ability to spend without constraint is not unlimited’
New York Post· 1 day agoThe International Monetary Fund, which operates under the auspices of the United Nations, noted last...