Sacramento's mayor and city council are scheduled to get pay raises, even though the city is facing a budget deficit. This ...

Moody’s downgrades US credit rating from top level for first time amid fears over soaring debt - Credit rating agency sees no ...

Medicaid is facing major cuts—will Medicare be next? Lawmakers are eyeing reforms, but experts warn of serious consequences.

The agreement announced this week addresses only about 45 percent of the state’s $6 billion structural deficit, leaving a ...