States are reporting billions in midyear budget shortfalls, and the crunch is likely to continue for at least several more years, a new report says.

A roundup of this morning’s must-read budget and economic stories.

A roundup of this morning’s must-read budget and economic stories.

A look at some of this week’s most interesting, and consequential, budget- and economy-related issues in the 50 states.

A roundup of this morning’s must-read budget and economic stories.

The National Commission on Fiscal Responsibility and Reform’s (“Fiscal Commission”) penultimate public meeting has long been set for today. But according to The Wall Street Journal, the Commission has canceled the meeting to instead focus on private negotiations.

Giving more evidence to the fact that our problem is over spending is an op-ed in yesterday’s Wall Street Journal. WSJ editorial board member Stephen Moore and Ohio University professor Richard Vedder explain why raising taxes to close the deficit would be a self-defeating exercise.

A roundup of this morning’s must-read budget and economic stories.

The bipartisan commission examining how to cut the federal debt ended three days of closed-door meetings Thursday without a firm agreement among its 18 members, with several saying the panel was still at odds over how to contain the ballooning costs of health care.

A roundup of this morning’s must-read budget and economic stories.