$3 billion budget deficit looms

Trump and his tariffs are set to collide with a widening U.S. trade deficit. There’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost ...
Trump Aims at a Lower Trade Deficit. He’s Likely to Miss, Again.
Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.
Maryland lawmakers convene with $3B deficit and uncertainties over incoming Trump administration
Maryland lawmakers are bracing for a fiscally challenging legislative session. The 90-day session begins Wednesday.
Newsom floats $322 billion budget that would pull California out of deficit
Gov. Gavin Newsom’s proposal included a $228.9 billion general fund that would rely on $17 billion in reserves ...
What Will Happen To The Deficit In 2025?
The federal spending deficit will almost certainly increase in 2025, forecasters say, as President-elect Donald Trump is ...
Amid a $7 million deficit to Texas’ suicide hotline, thousands of calls are abandoned monthly
The state’s 988 suicide had the nation’s fifth highest rate of abandoned calls in August, the latest data available, amid a ...
US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as ...
CEO confirms school trust faces £1.2m deficit
The leader of an educational trust has confirmed that a £1.2m deficit across the accounts of three schools was discovered ...
After 2 years of shortfalls, California governor proposes $322B budget with no deficit
California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit. It’s a welcome change after two years of ...