The U.S. government recorded a $1.8 trillion budget deficit for fiscal 2025, just $8 billion smaller than the previous year, the Congressional Budget Office said. Revenue rose 6% while spending ...

The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...

San Diego officials have significantly stabilized the city’s long-term finances in the last year thanks to budget cuts and rising revenues — but the city still faces a projected $110 million deficit ...

Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national emergency, an idea that remains contentious. By Ana Swanson Ana Swanson ...