California lawmakers don’t know for sure how big their budget deficit is, but on Thursday they decided it’s big enough to go ahead and reduce spending by about $17 billion. The vote represents a ...

This article adheres to strict editorial standards. Some or all links may be monetized. Although they have roiled markets, there’s no question that President Donald Trump’s trade policy actions have ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

Eighty-five percent of Americans 50 years and older oppose cutting Medicare to reduce the federal budget deficit, according to a survey from the AARP. The survey is in response to the TRUST Act, ...

New York state’s projected budget deficit narrowed by more than $3 billion, as the state expects a record-breaking stock market and improved outlook for Wall Street bonuses. The state’s improving ...

Illinois lawmakers are sending a bill to Gov. JB Pritzker that makes a pair of changes to Illinois’ tax code in response to new federal tax provisions that could reduce state revenue. The Governor’s ...

California lawmakers don't know for sure how big their budget deficit is, but on Thursday they decided it's big enough to go ahead and reduce spending by about $17 billion. The vote represents a ...