Committee for a Responsible Federal Budget

An Overview of the President's FY 2027 Budget

The President’s budget also forecasts inflation as measured by the GDP price index will fall from 2.8% in calendar year 2025 to 2.7% in 2026 and moderate at 2.0% thereafter. This is compared to CBO’s projection that GDP price index inflation will be 2.7% in 2026, decline to 2.4% in 2027, and moderate at 2.0% starting in 2030.

Trump Budget Does Little to Address Nation’s Fiscal Challenges

While the federal deficit has started to shrink under President Trump, his plans could make the long-term situation worse.

What you need to know about budget deficits

The Nova Scotia government's projected $1.24-billion deficit and its plans to reduce it have become a topic of debate following the release of the province's budget for the 2026-27 fiscal year.
AOL

Federal deficit totaled $1 trillion in beginning of FY2026, CBO says

(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal deficit estimate is $142 billion less than the deficit from ...
Washington Examiner

On the federal deficit, picking the low-hanging fruit won’t be enough

If you look closely, you can see some progress on cutting federal spending. At least that’s the conclusion of the respected Kim Strassel, writing recently in the Wall Street Journal before the Congressional Budget Office released its broad budget and ...

Budget deficit puts Jefferson schools 'in uncharted territory'

Superintendent Jeanne Howe said submitting a deficit budget risks having the Jefferson district put under oversight by a state monitor or auditor.

Colorado’s budget deficit jumps to $1.5 billion under new forecast

The fiscal picture for Colorado’s state government has somehow gotten even murkier — and potentially much worse.

Boston snow removal, police overtime lead to potential $48M budget deficit

The city of Boston is facing a potential $48.4 million budget deficit for the current fiscal year, in part due to the costs of dealing with record snowfall this winter. Boston CFO Ashley Groffenberger told reporters Monday that while a spending freeze and other cuts,

Boston faces budget deficit of nearly $50 million

City officials said that the costs of snow removal, police overtime, and health insurance were major factors. The post Boston faces budget deficit of nearly $50 million appeared first on Boston.com.

Strafford County to close Hyder Family Hospice House amid budget deficit

According to the county, the recent budget wasn't passed because of the deficit, and said running the Hyder Family Hospice House makes up a large portion of it.