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How should state lawmakers handle a projected fiscal 2026 state budget...

After several years of budget surpluses, state lawmakers will return in January facing a potential fiscal 2026 budget deficit of more than $300 million. Recent...

Senate Dems tap Lawson as majority leader, back Ruggerio for president

PROVIDENCE – The R.I. Senate Democratic Caucus on Thursday elected Sen. Valarie J. Lawson as majority leader, D-East Providence, replacing Sen. Ryan Pearson, D-Cumberland,...

Smiley makes offer to school district to help close budget gap

PROVIDENCE – City Hall has offered to provide $1 million in additional funding to the Providence Public School District to help address its budget deficit...

U.S. monthly budget deficit eases to $165B in Oct., down 42%...

The United States monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved...

U.S. budget deficit rises to $2.71 trillion through August

WASHINGTON (AP) – The United States budget deficit rose to $2.71 trillion through August, on track to be the second largest in history due...

More red ink: U.S. budget deficit through July hit $2.54T

WASHINGTON (AP) – The United States budget deficit hit $2.54 trillion for the first 10 months of this budget year, fed by spending to...

R.I. state budget gap shrinks to $114M

PROVIDENCE – Rhode Island's elected leaders were projecting a budget gap of more than $800 million in May due to the economic shock of...

U.S. budget deficit climbs to record $2.81 trillion

SILVER SPRING, Md. (AP) – The United States budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding...
HOUSE SPEAKER NICHOLAS A. MATTIELLO, pictured during a legislative session in 2019, and Senate President Dominick J. Ruggerio answered questions at the Greater Providence Chamber of Commerce's annual legislative luncheon on Wednesday. / AP FILE PHOTO/CHARLES KRUPA

Mattiello: Perennial deficit ‘not an appropriate way to run a government’

PROVIDENCE – House Speaker Nicholas A. Mattiello told business leaders Wednesday that he doesn’t object to many of the economic and educational initiatives contained...
THE U.S. BUDGET deficit has exceeded $1 trillion for the first 11 months of the fiscal year, but may lower by fiscal year's end. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. posts $1T budget gap, full-year may be lower

WASHINGTON – The United States budget deficit surpassed $1 trillion in the first 11 months of the fiscal year through August, according to data...
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