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.

The House failed to pass a measure that would propose amending the Constitution to require the federal government to have a balanced budget, a measure offered by conservatives to address the ...

Within the last two years, the outlook of Nebraska’s financial health has taken a U-turn from having a near $2 billion ...

The state of Iowa’s spending is once again expected to exceed its revenue by about $1 billion in the next fiscal year as ...