Government ❯ Finance

Budgeting

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Colorado Forecasts Near-$850 Million Structural Deficit for 2026–27 as Medicaid Costs Climb

Forecasters warn that costs will outpace revenue under TABOR limits, forcing difficult budget choices.

Detroit Proposes $42 Million Reserve From Surplus to Offset Corporate Tax Shortfall

Tariffs Drive Record $30 Billion in August Customs Duties as Deficit Nears $2 Trillion

Chicago School Board Passes CPS Budget Without Pension Guarantee, Deepening City’s 2026 Deficit

Israel Approves NIS 31 Billion Wartime Budget Shift, Expands Defense, Trims Coalition Funds

New Brunswick Lifts 2025–26 Deficit Forecast to $668.7 Million

Uttar Pradesh Assembly Unanimously Approves Pay Hike for Lawmakers and Ministers

Spain Delivers Unprecedented €169.6 Billion in Regional Financing for 2026

Merz’s Cabinet Approves Draft 2026 Budget Despite €172 Billion Deficit Projection

Johnson Proposes Corporate Head Tax and Digital Ad Levy to Bridge Chicago’s Budget Gap

Germany Seeks €450M Emergency Funding to Resume Autobahn Bridge Repairs

Centre Releases ₹44,323 Crore to States Under MGNREGS in FY2025–26

Aragón and Asturias Unite to Demand Reversal of EU Farm Subsidy Cuts

California’s 2025–26 Budget Covers Almost $20 Billion Gap Through Accounting Maneuvers

Bayrou Unveils €40 Billion Austerity Plan With Defense Boost in 2026 Budget

Trump’s Tariffs Drive June Budget to $27 Billion Surplus

Germany’s Summer Recess Freezes 2025 Infrastructure Contracts

Carney Orders Deep Savings Across Government Even as Defence Budget Grows

SAT Surpasses 2025 Revenue Targets With 10.3% First-Half Growth

Finance Minister Launches Expenditure Review with 7.5 to 15 Percent Savings Targets