Opinion

Here’s how Newsom’s spending binge outstripped revenues, creating California’s chronic deficit

Obscure charts show how California's spending exploded under Newsom, far outstripping its stagnant population growth, inflation and a hefty increase in revenues.

Congressional Budget Office Ups Federal Deficit Forecast

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.
Wall Street Journal

Why the Federal Deficit Is Projected to Surge, in Five Charts

Debt held by the public will balloon to more than $56 trillion by 2036 as annual deficits continue to mount, according to the latest projections from the Congressional Budget Office. By later this ...
PBS

Federal deficits and debt will worsen over next decade, Congressional Budget Office finds

WASHINGTON (AP) — The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...