Social Security has been paying out more than it takes in since 2010, and the trust fund is being spent. Latest projections show the fund could be depleted by 2033, potentially cutting benefits by 23% ...

ESA is studying repurposing the Earth Return Orbiter it planned to build for the Mars Sample Return program into a standalone science and communications orbiter. Credit: NASA/ESA/JPL-Caltech/GSFC ...

Democratic Gov. Andy Beshear on Dec. 18 unveiled his reduction plan to make up for a budget shortfall ahead of the 2026 legislative session. During his weekly Team Kentucky update, Beshear said the ...

The chief executive officer of California’s Fiscal Crisis and Management Assistance Team declared the Sacramento City Unified School District to be in a “crisis.” Michael Fine, who assessed the ...

The University of Oregon's projected year-end budget shortfall has improved from $4.5 million to $2 million. While overall enrollment is increasing, the university anticipates a decline in ...

A group of economists predicts Kentucky will soon see a revenue shortfall, one that is about half of what they projected three months ago for the fiscal year ending June 30, 2026. From now until the ...

This article was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. A new poll finds Maryland residents roughly ...

A Hamilton County levy may need help next year. County commissioners are reviewing whether the children services' levy can meet its obligations or if it will need assistance from the general fund. Job ...

Mayor-elect Zohran Mamdani is already facing a hurdle to his freebie-filled agenda with a projected $2.18 billion budget shortfall — with bigger funding gaps possible in the years ahead, a new report ...

For Sacramento City Unified School District, bad news got worse. The school district is facing a larger budget shortfall than previously projected, now amounting to as much as $125 million in the 2027 ...

DePaul University has laid off 114 staff members to help plug its budget deficit, school officials announced Monday. The reduction accounts for 7.6% of full-time and part-time staff, according to a ...

Facing a $300 million shortfall, MIT is tightening its budget by slashing the quietest corners of its Cambridge campus: the libraries. Three of MIT’s five physical libraries will be shuttered or ...