Deficit

Layoffs, tax, and price increases are thought to have contributed.

California could face a $25 billion budget deficit in 2023–24, despite raking in a record-setting $98 billion budget surplus this year, according to an analysis that comes days after midterms election, in a state where the Democratic party enjoys a supermajority.

If Republicans intend to dig themselves out of their current electoral rut, studying Florida would be a good place to start.

The federal government collected a record $318,576,000,000 in total taxes in October, the first month of fiscal 2023, according to the Monthly Treasury Statement released today.

The White House released a statement articulating why the Republican goal of reversing current economic policies would make inflation worse.

The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.

Gene editing has long been primarily used for research, treatment, and disease prevention. Currently, this technology is increasingly being applied to modify agricultural products...

The Department of Defense (DOD) has announced that the United States will provide $725 million in additional security assistance to meet Ukraine’s “critical security and defense needs” as it battles a Russian invasion.

The national average price for gas Tuesday was nearly $4 a gallon as Americans struggle under President Joe Biden’s (D) economy.

Just 36 percent of voters approved of President Joe Biden 41 days out from the midterm election, a Wednesday Grinnell College National Poll shows.