Budget deficit hits $1 trillion in first five months of fiscal year: CBO

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

Concord School District's $17M budget deficit could lead to cuts, tax hike

Much of public testimony focused on the Second Start alternative high school, a program that offers a different type of ...

US Budget Deficit Narrows at Slower Pace After Tariff Rate Decrease

The budget deficit narrowed in February at a slower pace than the previous month as US tariff revenue started to slow from ...

Mayor: Hartford Public Schools on ‘brink of insolvency’ as budget deficit soars to $70 million

Hartford Public Schools are facing an unprecedented nearly $70 million deficit this upcoming school year, as city leaders ...
AOL

Federal deficit totaled $1 trillion in beginning of FY2026, CBO says

(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...

US national debt breaches $39 trillion milestone for first time amid spending surge

U.S. national debt hits historic $39 trillion milestone, growing from $38 trillion in five months as deficits surge and ...
Washington Examiner

On the federal deficit, picking the low-hanging fruit won’t be enough

If you look closely, you can see some progress on cutting federal spending. At least that’s the conclusion of the respected Kim Strassel, writing recently in the Wall Street Journal before the ...

Albany mayor warns of $22M deficit as questions emerge over early spending decisions

Albany Mayor Dorcey Applyrs is warning the city faces a growing fiscal challenge, projecting a $22 million deficit by 2026, ...