Walters: How Newsom’s spending binge created California’s chronic deficit

In the seven budgets Newsom has signed, beginning with 2019-20, and the eighth one he has proposed, revenues have increased ...

Illinois budget faces uncertainty as federal funding cuts loom

Gov. JB Pritzker faces a challenging budget address amid federal funding cuts and economic uncertainty, with a projected $2.2 ...
The Economist

How governments are increasingly soaking the rich

The effect has more than outweighed the growth in inequality in much of the rich world, and almost kept pace with it even in America. Today’s taxman, it turns out, is less like the Sheriff of ...