Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

The Department of Health (DOH) said on Saturday that four government-run specialty hospitals will receive an additional PHP1 ...

“A government that issues its own currency can always pay its bills. It doesn’t need to collect taxes or borrow to spend.” Warren Mosler The only accurate parts of former state Sen. Damon Thayer’s ...

The Fort Smith Board of Directors passed the 2026 budget with a 6-1 vote. The budget reduces the deficit by $4.6 million and keeps the contingency reserve above the city's 20 percent goal. Concerns ...

Summit County government staff have been working since summer to reduce a projected $7.5 million general fund deficit in the county’s 2026 budget. At a Dec. 9 meeting, the Summit Board of County ...

EL PASO COUNTY, Colo. (KOAA) — The El Paso County Board of County Commissioners has approved the county's 2026 balanced budget, which totals $532.3 million. “El Paso County has long taken a careful ...

CLEVELAND, Ohio — After weeks of tense hearings and clashes over priorities, Cuyahoga County Council on Tuesday approved a 2026-27 budget that adds back some health and human services funding and ...

Author urges Kentucky legislature to join 27 states and push a BBA. Warns US debt reached $38 trillion versus $5.5 trillion in revenue, risking default. Recalls Reagan-era BBA push and notes states ...

Anita Chabria and David Lauter bring insights into legislation, politics and policy from California and beyond. In your inbox three times per week. SACRAMENTO — It’s almost like slapstick comedy — the ...

Some lawmakers want to adopt a new amendment to force Congress to come up with balanced budgets to keep the country’s ballooning deficit from continuing to spiral out of control and risk a debt crisis ...

Ranking Member Mary Gay Scanlon said discussions about a balanced budget amendment must reflect the nation’s values and practical needs. She argued that past tax cuts for the wealthy significantly ...