Transit fiscal cliff much smaller than projected, but severe CTA cuts still expected next year

Significant service cuts are still expected on the CTA beginning in the middle of next year if state lawmakers don’t green-light additional funding.

WA General Fund shortfall expected to grow by $903M. Is a recession looming?

The latest prediction from the Washington State Economic and Revenue Forecast Council shows the state’s budget situation ...

Underlying State budget deficit expected to jump to almost €14bn next year

Department of Finance’s outlook report points to rapid deterioration in budget deficit if windfall taxes are excluded ...
TravelPulse

Global Tourism Faces Labour Shortfall of 43M by 2035, WTTC Warns

The WTTC warns of a labor shortfall of 43 million in global tourism by 2035, despite projected growth in jobs, primarily due ...

Treasurer Jim Chalmers delivers smaller-than-expected budget deficit, but opposition says he can't take credit

The Albanese government has recorded a smaller-than-expected budget deficit, but the opposition says Labor cannot claim ...

Congressional Budget Office: President Trump's Tariffs Are Pushing Inflation Higher But Could Also Cut Deficit More Than Expected

The Congressional Budget Office regularly calculates the financial impact of Presidential and Congressional policies and laws.
Law

Budget Shortfall Likely to Be Worse Than Expected

Pennsylvania faces a budget deficit of at least $750 million by the time the fiscal year ends on June 30, 2010, according to the Senate Republican Appropriations chairman. Pennsylvania faces a budget ...

Manitoba ran $1.1B deficit last fiscal year, government figures show

Manitoba ran a higher-than-expected deficit in the last fiscal year and is on track to miss its target again this year.