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The 2024-25 deficit is more than double what the deficit was last year.

WASHINGTON (DC News Now) — Metro is facing a budget problem — one that could lead to several Metrorail stations and Metrobus routes closing as well as higher fares for riders across the DMV. According to officials, Metro has a funding shortfall of $750M in Fiscal Year 2025, which starts in September of 2024. Officials […]

“People really need to recalibrate their expectations and understand the gravity of the moment,” one Democratic leader said.

On January 10, 2023, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.

What happens to social security and caddie ca medicare and it goes bankrupt. if you look at what is happening people are seeing that with out of control spending, which created inflation, all of a sudden then interest goes up on their house and credit card on their car payment, they are realizing, we have a budget problem and they are coming to give grips with we have to do something about it. trey: rome was not built in a day, they tell me, the cumulative debt is overwhelming. rather than get depressed, let's say we want to make progress today. incremental progress. congressman we'll start wi...