The Minnesota revenue surplus is now $17.6 billion. That’s a lot for a state that spends about $2.16 billion a month and sets up Gov. Tim Walz and the DFL-controlled Legislature to increase spending ...

Maryland Gov. Wes Moore raised some eyebrows this week by saying the state’s $5.5 billion budget surplus “wasn’t real,” after describing the state’s “fortunate financial position” at the beginning of ...

California is entering the next budget year with a record-smashing surplus of nearly $100 billion, Gov. Gavin Newsom said Friday.Newsom unveiled a revised budget plan of just over $300 billion for the ...

Kemp said the rebate is intended to return surplus tax revenue to residents and provide financial relief to families across ...

When former Gov. Larry Hogan prepared to leave office, he had strong words for lawmakers and the incoming administration: don’t spend the more than $5 billion surplus. Fast forward, and now, the state ...