Hidden in Treasurer Jim Chalmers’ budget papers, a $48 billion correction to spending forecasts has put a spotlight on the accuracy of advice to cabinet.

Budget season in New Hampshire always brings debate, but this year, the differences in state revenue estimates are especially hard to overlook. The numbers coming out of Concord set the course for ...

Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...

The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...

Do they let the state surplus rise to $5 billion by the middle of 2027 while also cutting state agency budgets, laying off ...

At the year’s first Consensus Revenue Estimating Committee, staff from the House Fiscal Agency, Senate Fiscal Agency and the ...

The Legislative Analyst’s Office tried to do its best with the impossible—layout a budget forecast for the next four years in uncertain times. The budget estimates offered yesterday assumed state and ...

Many of our astute readers have heard a song or two about Indiana's healthy reserves. In light of the recent revenue forecast showing a $2 billion hole in the proposed state budget that needs filling ...

Washington state budget writers got a mild dose of good news on Tuesday, but are still looking at a strained balance sheet. Revenue projections show collections up $105 million for the current ...

A new report by the International Monetary Fund (IMF) has exposed persistent and significant errors in Nigeria’s fiscal forecasting between 2011 and 2023, raising serious concerns over the credibility ...