In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

President Donald Trump returned to the White House with a promise to slash spending by trillions of dollars and balance the federal budget. But, as the first fiscal year of his second term came to a ...

Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three policy ...

While Americans across the country deal with the consequences of the federal government shutdown, residents of Pennsylvania are being hit with a double blow. Pennsylvania has been without a state ...

Office of Gov. Josh Green. Gov. Josh Green will submit the Supplemental Budget for Fiscal Year 2027 (FY27) to the Legislature ...

On Dec. 10, the Fed had $4188 billion worth of U.S. Treasury securities on its balance sheet. And on December 31, this figure ...

This year, two things will happen to Canada's fiscal watchdog: Interim Parliamentary Budget Officer Jason Jacques will be ...

(WHTM)– It is likely that by tomorrow, there will be no federal budget and no state budget. What does that mean for Pennsylvania? Pennsylvania is now three months behind schedule on its state budget, ...

Gov. Jared Polis has formally issued a call to bring lawmakers back to the capitol starting Aug. 21 for a special legislative session to address a budget gap and the state’s first-in-the-nation AI law ...

Facing reductions caused by President Trump’s policies, the state’s budget will prioritize essential services such as health ...