As state lawmakers returned to Sacramento for a new legislative session this week, Democratic members are having serious ...

In a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he said he previously wanted to propose. We ...

Mayor Brandon Johnson warned again on Wednesday that the Chicago City Council may have to make emergency cuts if revenue ...

As we kick off a new year, several states are facing revenue shortfalls. Some lawmakers are approaching the challenge with ...

As talk of a possible AI bubble grows, so does uncertainty around an important source of California's tax money.

UCLA’s athletic department is running an enormous debt according to a letter sent from the Academic Senate to college leaders ...

Preliminary budget discussions for the 2026-27 school year have included both projected revenue shortfalls and district ...

Will California Gov. Gavin Newsom raise taxes or cut spending to fix an $18 billion budget shortfall? Either could spell trouble for his legacy.

In 2019, first-year Gov. Gavin Newsom inherited a state flush with cash. With a $21.4 billion budget surplus to play with, an ...

Some say its $2M, others say it's $17M. One says its $42M, or even $80M. Why can't anyone in city hall agree on what ...

Members of the House and Senate gaveled in Tuesday for half an hour each in temporary chambers while the Capitol is being ...