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Gov. Gavin Newsom proposes painful cuts to close California’s growing budget deficit
KLAS Las Vegas· 3 days agoSACRAMENTO, Calif. (AP) — California’s budget deficit is at least $45 billion, a shortfall so large...
US federal debt is the biggest long-term downside risk for markets: analysts By Investing.com
Investing.com· 15 hours agoGoldman Sachs told investors that the fiscal outlook is "not good, but a little better," with the...
Evil Twins: US Federal Budget Deficits and US Trade
Ludwig von Mises Institute· 7 days agoHow Do Federal Budget Deficits Arise? Annual federal budget deficits exist whenever federal spending exceeds annual tax revenue. The US has consistently...
U.S. budget deficit shrinks in first 7 months of fiscal year
Market Watch· 3 days agoThe numbers: The federal budget deficit shrank in the first seven months of the fiscal year,...
Goldman Sachs CEO raises alarm on US debt: ‘Ability to spend without constraint is not unlimited’
New York Post· 7 hours agoGoldman Sachs CEO David Solomon said that US policymakers need to put greater “focus” on the...
Brace for big tax hikes in 2026 unless Congress acts
Reason.com· 17 hours agoMost Americans face tax hikes starting in 2026, and the increased federal tax bite will come about without Congress lifting a finger. The end of tax cuts...
CA governor would slash 10,000 vacant state jobs to help close $27.6 billion deficit
Eyewitness News Bakersfield· 4 days agoCalifornia has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide...
Ron Paul: Will the Fed lose control?
Orange County Register· 13 hours agoAccording to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both...
Arizona getting outsized investments in semiconductors under Biden agenda
The Arizona Republic via Yahoo Finance· 18 hours agoThe federal funding initiatives under the "investing in America" and other programs, while helping to revive important industries, reduce pollution, rebuild infrastructure and support other ...
Gov. Abbott blames Texas school districts for mass layoffs
Houston Chronicle· 8 hours agoCy-Fair is the third largest school district in the state and is just one of many tackling financial...