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government budget balance

US bank profits jump as execs see consumers surviving oil spike, for now

US bank profits jump as execs see consumers surviving oil spike, for now

Large banks reported higher profits Tuesday, pointing to resilience among US businesses and customers despite spiking oil prices from the Middle East war. JPMorgan Chase notched gains across leading consumer and investment bank categories. CEO Jamie Dimon described the US economy as still healthy but facing an "increasingly complex

More property tax relief needed | Kendall Cotton

Sen. Wylie Galt recently proposed a ballot initiative to cap property taxes, currently labeled BI-11. I welcome this proposal. It seems to be recognition from our leaders that the property tax shifts passed by the 2025 Legislature were inadequate to provide the scale of permanent property tax relief Montanans

US budget deficit remains steady in first quarter of 2026

The US budget deficit remained virtually stable during the first three months of 2026, as increased revenue -- primarily from income taxes and customs duties -- offset an acceleration in spending. Between January and March, the deficit stood at $164 billion, $4 billion higher than in the same period a year earlier,

Report: U.S. added $1.2 trillion to national debt in six months

(The Center Square) – The U.S. government added $1.2 trillion to the national debt over the past six months, borrowing $163 billion during March alone, the Congressional Budget Office reports. At the current rate of borrowing, federal deficits are on track to top $2 trillion by October, the end

Deficit watchdog urges Congress to cut more, spend less than Trump's budget request

(The Center Square) – As congressional Republicans begin considering how to implement President Donald Trump’s budget request into next year’s government funding bills, fiscal responsibility groups are urging them to find more spending offsets. Trump’s “skinny” budget blueprint for fiscal year 2027 asks for a total of $1.

Resurrecting Reagan’s 'Big Tent' | David Bedey

This past legislative session, I was proud to support lowering property taxes for over 80% of Montanans, increasing vocational education opportunities for young Montanans, strengthening the financial vitality of our rural hospitals, and delivering a balanced state budget that grew at less than 1%. So after a lifetime of public

Policy analysts: Future of deficit reforms unknown

Policy analysts: Future of deficit reforms unknown

(The Center Square) – Some Republicans have recently introduced bipartisan legislation in the House and Senate aimed at addressing the federal deficit and ultimately reducing the federal debt, though opinions vary on whether Congress will make meaningful progress on the issue anytime soon. At over $39 trillion, the debt today stands