April, budget surplus
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Newsom, California and deficit
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Overall, the US government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier.
The Canadian Press on MSN24m
U.S. tariffs cast pall over Ontario budget with $14.6B deficit, slower growthU.S. President Donald Trump's tariffs cast a pall over Ontario's budget Thursday, dragging down GDP growth and knocking the province off its path to balance, with a $14.6-billion deficit projected this year.
9don MSN
NEW YORK (AP) — The U.S. trade deficit soared to a record $140.5 billion in March as consumers and businesses alike tried to get ahead of President Donald Trump’s latest and most sweeping tariffs.
RELIEF following the tariff war de-escalation looks set to be quickly replaced by government budget tensions. Alarms are ringing loudly as the United States hits a historic debt metric even as the administration is seeking to extend tax cuts.
2hon MSN
Gov. Tim Walz and legislative leaders struck a budget deal to fund state government and address a projected deficit.
Those with budget planning said cost reductions could impact support to students, campuses and classrooms. So to minimize those impacts, they suggest the board pursue new revenue sources. These could include expanding facility rentals, increasing grant seeking efforts, or introduce new levy.
With Burlington facing an $8M deficit in this year's fiscal budget, Mulvaney-Stanak said she made the difficult decision to cut 25 positions as part of a cost-saving strategy and to avoid raising taxes on residents.
Local News Matters on MSN6h
Hundreds of San Francisco city workers rally against potential layoffs amid budget deficitHUNDREDS OF CITY WORKERS on Wednesday used their lunch break to rally in front of San Francisco City Hall, urging Mayor Daniel Lurie not to cut funding to certain city departments amid a projected upcoming budget deficit of over $800 million.
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