Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.

The federal budget deficit totaled $1 trillion in the first five months of the 2026 fiscal year, according to the monthly budget review released Monday by the Congressional Budget Office. The total is ...

Town departments, including the School Department, are likely to remain in tough financial straits in fiscal 2027. At least ...