Keith DeMartini, Santa Barbara’s finance director, explains that city staff no longer recommend putting a real property transfer tax on the November ballot. Credit: Rebecca Caraway / Noozhawk photo ...

The Washington state Senate in session. The state’s operating budget must be balanced not just for the current biennium but across a four-year outlook. (wa.gov) These examples are often framed as ...

House Finance Committee Chairman Vernon Criss explained the committee’s primary amendment to Senate Bill 250, the budget bill, Wednesday afternoon in the House of Delegates. (Photo by Steven Allen ...

The federal government experienced a shutdown in autumn 2025, which is one of many that have occurred in the past 20 years. The nation also has racked up about $38 trillion in debt, and Congress and ...

The U.S government’s debt hit $37.6 trillion on Sept. 30, the end of the most recent fiscal year. To put that number in perspective, a stack of $1 bills in that amount would be 2.5 million miles tall.

A bipartisan commitment to responsible budgeting was once a fundamental part of American governance. Congress borrowed for exceptional situations and reduced the debt burden otherwise. Since the Great ...

El Paso Independent School District leaders are racing to close a projected multimillion-dollar budget deficit with weeks left before the district must approve a balanced budget by the end of June.