budget deficit

There’s an $8.5 million deficit on the horizon for Hamden Public Schools and there’s concern about how it’s going to get filled. In his proposed $99.8 million budget for next year, Superintendent Gary Highsmith says the money is needed to cover the ending of a federal emergency grant and the increase of regular set costs. It won’t fund new...

The superintendent of Hamden Public Schools said they’re facing an $8 million budget shortfall, which could severely impact staff and students.

President Joe Biden announced Wednesday that his administration is on track to reduce the national deficit by $1.5 trillion in 2022, allowing the feds to pay down the national debt for the first time in six years.

President Joe Biden on Monday announced details of his 2023 budget proposal, which includes an income tax hike for billionaires.