The island’s much anticipated Budget statement charting the Government’s fiscal road map for 2025-26 will be heard this ...

Gov. Gavin Newsom said Wednesday morning that California is facing a shortfall of $12 billion for the upcoming budget year.

The powers have been obtained by the federal government through ad hoc legislation after the yawning tax shortfall reached to ...

Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.

to parliament for passage, part of the process towards the 2025/26 (July-June) budget presentation next month. It has also sent spending proposals that set the total expenditure at about 4 ...