Fiscal deficits often rise when the government increases spending to support the economy, especially during slowdowns or ...

Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is quite dramatic. In 2019, the deficit was $1.02T. In 2025, it was $1.66T.

Mamdani has said he wants households making more than $1 million to pay an additional 2% in taxes.

New York Gov. Kathy Hochul, who would have to sign off on any increase, has said she opposes income-tax hikes.

Despite seeing increased revenues and cost savings in the first half of the 2025-26 fiscal year, Saratoga is looking at ...

NJ.com’s yearly financial article once again reveals troubling truths about Rutgers Athletics.