Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

The U.S. government reported a $145 billion budget deficit for December, a 67% increase from the previous year. The rise is attributed to record outlays and calendar shifts. Despite this, fiscal year ...

New York Gov. Kathy Hochul, who would have to sign off on any increase, has said she opposes income-tax hikes.

Customs duties from tariffs were $28B in December, down from $30.8B in November and the lowest since July. The haul from the ...