In this episode of Budget Basics, we break down one of the most important, but least understood, budget terms: Primary Deficit. What does it really say about a government's finances?

Three major factors contribute to the state's recurring crises. Some are easier to solve than others.

New York Mayor Zohran Mamdani attributed the budget crisis to "gross fiscal mismanagement," pointing to former Mayor Eric ...

The Legislative Analyst’s Office, a nonpartisan government agency, released a critical response Monday to the governor’s budget plans. Newsom’s initial plan calls for $348.9 billion in state spending ...

A Finance Bill is a Money Bill as defined in Article 110 of the Constitution. Among the laws that are commonly sought to be ...

Union Budget 2026: As the budget approaches on Sunday, 1st February, know how the fiscal deficit shapes government spending.

Minnesota will see a higher-than-expected surplus for this current budget cycle, but a deficit looms in the future due to spending outpacing revenues, budget officials said Thursday. Minnesota ...

Finance Minister Nirmala Sitharaman will present the budget on February 1st. The country is gradually becoming engrossed in ...

Franklin County Public Schools officials will present their budget reconciliation plan to the Board of Supervisors Thursday ...

Jefferson County Public Schools Superintendent Brian Yearwood has proposed $142 million in budget cuts. Even with the proposed cuts, the district is projected to have a budget deficit of nearly $40 ...