Gov. Ned Lamont told business leaders he won't touch the spending cap, but left room for debate on other fiscal guardrails.

Minot City Council members have collectively voiced their dislike for the local government spending caps being bandied about in the North Dakota Legislature. The council hesitated Tuesday to send a ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

Gov. Kathy Hochul (D-NY) revealed a massive $252 billion budget for New York, much to the chagrin of state Republicans who ...

It encourages short-termism." Maguire says the new spending cap rules which are due to start from 2025-26, after being ...

"This report shows that most Part D enrollees who hit the new out-of-pocket spending cap this year will see substantial savings even after taking 2025 plan premiums into account, freeing up funds ...

Medicare enrollees will not have to pay more than $2,000 in out-of-pocket drug expenditures — and that could lead to huge ...

Speaking at the CBIA’s annual economic summit in Hartford on Wednesday, Lamont called the spending cap “sacrosanct.” “I think it’s really important,” he said. “It’s not a straitjacket.

Gov. Ned Lamont told a business audience Wednesday that Connecticut’s spending cap, one of the so-called fiscal guardrails that have constrained state spending in a time of record budget ...