A variety of factors, many stemming from federal funding and policy changes, are impacting state budgets across the U.S.

The Senate and Assembly included a bevy of tax hikes in their one-house budget plans, setting up a clash with Gov. Hochul.

The Congressional Budget Office’s new 10-year fiscal forecast includes plenty of headlines: The nearly $2 trillion federal budget deficit will grow to more than $3 trillion in a decade. The national ...

NEW YORK - New York City Mayor Zoran Mamdani says the city may have to raise property taxes by 9.5% to help close a projected $5.4 billion budget gap. But City Council Speaker Julie Menin says the ...

It’s hard to believe that the COVID pandemic was six years ago with its increase in deaths. For our biz, we switched to “work from home,” among other changes. Along those lines, I received this note: ...

Subsidies. Love 'em or hate them, they dominated the news during the Affordable Care Act's sign-up season, and their reduction is now hitting many enrollees in the pocketbook. While lawmakers continue ...

The tax break on tip income is not automatic. You need to file a new form. The U.S. Treasury Department has a list of dozens of occupations that 'customarily and regularly received tips' that qualify ...

Tax season is approaching, and Michigan residents will once again file under a 4.25% flat income tax, while federal tax brackets for 2025 could affect how much they owe. According to Michigan's ...

Fed policymakers said easing may not be warranted until there is a clear indication that the progress of disinflation is firmly back on track. United States Federal Reserve policymakers discussed the ...