If there is one thing presidents of both parties can agree on, it’s that the Congressional Budget Office causes them ...

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...

The Republican-controlled U.S. House of Representatives passed President Donald Trump's massive tax-cut and spending bill on ...

The 2017 bill brought about sweeping, albeit temporary, changes to the tax code. Provisions which nearly doubled the standard ...

For the first time in 18 months, Troy’s city council received a quarterly financial report.

Illinois closed FY25 with record $54B revenue, but FY26 outlook is clouded by tax hikes and federal uncertainty.

Numbers compiled by the independent Commission on Government Forecasting and Accountability show FY25 concluded with $54 ...

OMB’s memorandum is a major step forward. It recognizes that modern financial reporting must serve the public interest, not ...