Discover how tax cuts and government spending drive economic growth through expansionary fiscal policy, a tool to boost demand and curb recession effects.

Colorado lawmakers are facing impossible choices this budget season. Fund education or health care? Invest in infrastructure or public safety? But there’s a budget-buster legislators rarely mention by ...

When Gov. Gavin Newsom first took office in 2019, his first budget proposal called for $144 billion in general fund expenditures. Now, his final state budget proposal, released Friday, is calling for ...

The new budget will have to deal with a $3 billion structural deficit requiring “hard choices” and cuts to government spending, the governor said.

Gov. Gavin Newsom is proposing a nearly 9% increase in total state spending for the upcoming fiscal year – that’s a $350 billion budget, more than $8,800 per Californian. Yet, for unions and ...