The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.

By David Lawder WASHINGTON, June 10 (Reuters) - The U.S. budget deficit for May fell $23 billion or 7% to $293 billion due ...

Key Points ・Syracuse University will miss its Fall 2026 undergraduate enrollment target and run its first budget deficit in ...

In a new projection from the nonpartisan Congressional Budget Office, the federal budget deficit - the gap between government revenue vs. spending - will be $1.9 trillion for the 2024 fiscal year. The ...

The budget hole was caused by various factors including pension costs; stagnant revenues; and rising employee-related costs.

Austin ISD's 2025-26 budget deficit swelled from $19 million to $95 million, eating into the district's financial savings.

Cook County faces a $550 million budget shortfall next year that will require “careful planning and difficult decisions,” ...

The city has implemented a hiring freeze amid various efforts to mitigate the enduring structural budget deficit.

Michigan State University is preparing for a more than $12 million deficit in their budget for the upcoming year.