Newsom and legislative leaders announced a balanced budget has been enacted, but the truth is California will continue ...

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.

Add Yahoo as a preferred source to see more of our stories on Google. Jun. 20—Gov. J.B. Pritzker this week said what all governors, Republican or Democrat, say when he signed Illinois' new $55.9 ...

Accurately describing the state financial situation depends largely on a person’s definitions of “balanced” and “deficit.” ...