Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

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

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...

West Virginia ended the last fiscal year with a healthy budget surplus and started the new fiscal year with a decent cushion. State officials made announcements about both fiscal milemarkers on Friday ...

The popular computer maker laid off approximately 11,000 employees in that time as artificial intelligence puts more tech ...

Smith County’s Fiscal Year 2027 budget process is set. The commissioners court on Tuesday unanimously approved the new budget ...

Idaho Gov. Brad Little has signed into law a bill that cuts funding for most state agencies and departments by 4% in the ...

JOINT BASE PEARL HARBOR-HICKAM, Hawaii — The defense agency that accounts for the nation’s missing warfighters identified the remains of 231 service members in the fiscal year ending Sept. 30, far ...