News

Why tackling America’s ‘twin deficit’ now is essential
The current situation is reminiscent of the mid-1980s, when the U.S. ran a record current account deficit of 5 percent of GDP ...
Committee approves cuts to university and Supreme Court to help fill Nebraska budget deficit
A projected $396 million deficit facing Nebraska's upcoming two-year budget could drop to zero through a series of reductions ...
Los Angeles Times25d
Republicans want to fool you into thinking a massive tax cut has zero costs
The chicanery serves two political goals. First, it allows Republicans to posture as deficit hawks while blowing a massive hole in the budget. Senate Majority Leader John Thune, for example ...
Community Impact1d
GCISD projects $1.5M deficit for 2025-26 school year, eyes staff cuts, new budget approach
GCSD officials said at the April 14 worksession they are estimating a $1.5 million deficit for the 2025-26 school year if ...
The Hill27d
House budget chair blasts Senate resolution as ‘unserious and disappointing’
The Senate’s Byrd Rule prohibits legislation passed under the budget reconciliation process from adding to the deficit in the ... trajectory” it proposes “ZERO enforcement to achieve it ...
Trump sends a scorched-earth budget plan. GOP lawmakers hate it already.
The request for obliterating many domestic programs sets up a clash with Congress ahead of the Sept. 30 shutdown deadline.