The Massachusetts inspector general slammed Brockton schools’ $18 million deficit, calling it a "failure of leadership" and ...

Addressing the nation’s long-term fiscal problems with any constitutional amendment to require annual balanced budgets would ...

The LAO projected California will face an $18 billion deficit next year. One union hashing out a new contract in 2026 is preparing to fight.

Sitting in the packed and tense cafeteria at George Westinghouse College Prep School in Humboldt Park, Marquis Griffin did not envision himself having to be at the school on a Tuesday night in July, ...

The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...

California lawmakers and the governor will need to prepare for an $18 billion budget deficit next year, state Legislative Analyst Gabe Petek said Wednesday.

In light of the nation’s $38 trillion national debt, U.S. House lawmakers met Wednesday to discuss ways to structure a ...

Months after Los Angeles City Hall scrambled to close a $1 billion budget deficit and avoid layoffs of city employees, the ...

The University of Chicago reduced its budget deficit from $288 million to $160 million in FY2025, putting the school ahead of ...

California will face a projected $18 billion deficit next year, according to a report by the nonpartisan Legislative Analyst's Office.

The spike goes some way to explaining why Chicago is in a giant fiscal pickle. The Windy City may be a leading indicator of ...