The President’s budget also forecasts inflation as measured by the GDP price index will fall from 2.8% in calendar year 2025 to 2.7% in 2026 and moderate at 2.0% thereafter. This is compared to CBO’s projection that GDP price index inflation will be 2.7% in 2026, decline to 2.4% in 2027, and moderate at 2.0% starting in 2030.

The clock is ticking for Toledo Public Schools to fix a proposed $68 million budget deficit, and leaders are meeting weekly to decide what to cut and what to save.

Buffalo lawmakers are asking Mayor Ryan's administration for a public breakdown of the math after receiving conflicting budget deficit projections.

Cincinnati government will face lean times in the next year. City budget officials have warned city departments to prepare for possible 5% cuts. The city is facing a projected $29.5 million deficit in a $548 million general fund budget for the next fiscal year.

According to the county, the recent budget wasn't passed because of the deficit, and said running the Hyder Family Hospice House makes up a large portion of it.

Superintendent Jeanne Howe said submitting a deficit budget risks having the Jefferson district put under oversight by a state monitor or auditor.