Budget experts say Trump-backed tax cuts in Public Law 119-21 could raise U.S. deficits by $4.1 trillion over 10 years, according to Congressional Budget Office estimates ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...

Strategic cuts and accounting cover the budget hole, but also transferring costs to local governments.

Facing a projected $3.5 million deficit for fiscal year 2027, the South Hadley Budget Task Force is exploring options for a Proposition 2½ override — ranging from $3 million to $9 million — to ...

The Big Apple was in the red — even before the socialist takeover. New York City is facing a mammoth $12 billion budget ...