Illinois faces a projected $3.2B budget deficit for FY 2026, signaling challenges ahead for lawmakers as revenues stagnate.

The numbers: The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenues. The fiscal year ended on Sept.

The council did not make any other changes to their budget worksheets based on what they discussed at the August meeting. The amounts discussed for each budget category were: General fund: $67,200 ...

KUALA LUMPUR, Oct 19 — Prime Minister Datuk Seri Anwar Ibrahim announced a record RM421 billion Budget 2025 yesterday, which included a focus on improving social welfare for individuals and households ...

KUALA LUMPUR, Oct 19 — Prime Minister Datuk Seri Anwar Ibrahim tabled the country’s biggest ever federal spending plan in Budget 2025 yesterday, which he said is aimed at improving the economy and ...

WASHINGTON, Oct 18 (Reuters) - The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the ...

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim will present Budget 2025 in the Dewan Rakyat on Friday (Oct 18) afternoon. It will be the third budget presented under the Madani government ...

While the liability expenses are the immediate cause of the dire financial picture, the budget adopted by Bass and the council was already overstretched in large part because of expensive raises ...

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim said Budget 2025, which will be tabled in the Dewan Rakyat, will further drive economic growth and ensure justice for the people. In a ...

MANY politicians would kill to be in Rachel Reeves’s position. For her first budget on October 30th, Britain’s chancellor has the benefit of an unassailably large majority in Parliament ...

Labour's first budget in 14 years will be delivered on 30 October, and as per the warnings of Rachel Reeves and Sir Keir Starmer, it will not be one the public is likely to welcome. The chancellor ...

Creating a family budget can help your household pay down debt, relieve stress, reach your financial goals faster and feel more financially secure. Cassidy Horton is a finance writer with over ...