California Gov. Gavin Newsom Wednesday unveiled his May budget revision, blaming the state’s $11.9 billion shortfall on a “Trump slump."

California is experiencing unexpectedly shaky economic conditions, as health care costs rise and Trump’s tariffs create ongoing uncertainty.

Mayor Todd Gloria Wednesday released his final proposed budget for Fiscal Year 2026, restoring some funding to the San Diego Police Department and the San Diego Humane Society.

U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.

The U.S. collected a record $16.3 billion in customs revenue in April, although the "Liberation Day" import tax revenue surge could be short-lived.

The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties,

The Canutillo Independent School District is among the districts in the El Paso area struggling with a budget deficit, leading the district to contemplate signi

CHARLOTTE — Wednesday, the Mecklenburg County manager will present the recommended budget for the fiscal year of 2026. We reported back in January that commissioners are already facing a budget deficit in Mecklenburg County, meaning there could be an increase in property taxes.