The state surplus is now expected to rise to nearly $5 billion by mid-2027 — about double what was anticipated last summer.
The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...
The state's top budget writers believe tax cuts favored by Republican legislative leaders are setting North Carolina on a path toward lower state revenues within the next year or two, according to a ...
WASHINGTON (Reuters) -U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending ...
The Nebraska Economic Forecasting Advisory Board updated its revenue projections on Friday. Shown is the State Capitol. (Paul Hammel/Nebraska Examiner) LINCOLN — An updated Nebraska economic forecast ...
The budget offers a brighter outlook than Newsom projected last year, but stresses trade, immigration and inflation could stall growth.
ST PAUL, Minn. — New numbers posted Thursday morning show Minnesota's budget forecast was adjusted downward to reflect "economic uncertainty," the state's budget and management office said. State ...
Washington state budget writers got a mild dose of good news on Tuesday, but are still looking at a strained balance sheet. Revenue projections show collections up $105 million for the current ...
Thursday's release of the February economic forecast by the Minnesota Department of Budget is likely to create more tension ...
Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...