The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...

Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...

Hidden in Treasurer Jim Chalmers’ budget papers, a $48 billion correction to spending forecasts has put a spotlight on the accuracy of advice to cabinet.

Minnesota Management and Budget (MMB) today issued the latest Budget and Economic Forecast. For the current budget period FY 2026-2027, there is a projected surplus of $2.465 billion due to what MMB ...

At the year’s first Consensus Revenue Estimating Committee, staff from the House Fiscal Agency, Senate Fiscal Agency and the ...

The Legislative Analyst’s Office tried to do its best with the impossible—layout a budget forecast for the next four years in uncertain times. The budget estimates offered yesterday assumed state and ...

Gov. Bob Ferguson does not anticipate calling lawmakers back to Olympia for a special session to address the state’s budget after an updated revenue forecast showed the state will bring in less money ...

Washington state budget writers got a mild dose of good news on Tuesday, but are still looking at a strained balance sheet. Revenue projections show collections up $105 million for the current ...

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