Budget officials say that by 2030, there will be enough revenue to pay for just 84 percent of the state budget, forcing lawmakers to make hard spending choices.

I am tickled that so many people enjoyed the math behind higher interest rates. So let’s press on, shall we? Why not tackle ...

The first extensive public look at next year’s state finances contains a warning to lawmakers from the governor’s office: ...

The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow ...

The U.S. federal government spent $257.0B more than it earned in October, compared with the $226.4B deficit expected and ...

Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next budget year ...

Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...

Much larger fiscal adjustments than currently planned are required to stabilize (or reduce) debt with high probability. Now is an opportune time for rebuilding fiscal buffers and delaying is costly.

The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.

The Fed's rate cuts may be overshadowed by rising bond yields and a strong dollar, driven by concerns over Trump's fiscal ...

but said its AA+ rating could come under pressure if deficits rise further due to "political inability" to curb spending or ...