LAS VEGAS, Nev. (FOX5) – Nevada lawmakers are raising the red flag on having $190 million less in revenue than previously projected.
The Nevada State Legislature held an Economic Forum meeting Thursday where the decline in revenue over two fiscal years was announced.
State fiscal analysts attribute the decline to decreasing tourism and spending, higher than expected inflation, and slowing growth in both wages and the real estate market.
Many democratic lawmakers are pointing the finger at Trump’s tariff policies.
One lawmaker tells FOX5 that the forum has become a “reality check” on every lawmaker’s wish list and a reminder that every bill costs money.
“The combination of the Trump tariffs and the DOGE cuts to vital programs like Medicaid are putting Nevadans at risk,” Congresswoman Titus said. “We are being asked to fill the gaps left by federal cuts to services while the Trump tariffs are damaging our economy and shrinking state revenues.”
Lawmakers say the key findings of the new numbers account for decreasing tourism and spending, higher than expected inflation, and slowing growth in both wages and the real estate market.
The impact of tariffs is still up in the air.
Governor Lombardo’s office has released a statement on the matter which says in part,
Copyright 2025 KVVU. All rights reserved.
Updated February 26, 2026 – 8:28 pm
click to expand photos
Green Valley’s softball team claimed an 8-6 win at Liberty on Thursday on the first day of high school spring sports competition in Nevada.
Green Valley next hosts Silverado at 3 p.m. Friday. Liberty plays at Bishop Gorman at 3 p.m. Friday.
Contact Alex Wright at awright@reviewjournal.com. Follow @AlexWright1028 on X.
LAS VEGAS (FOX5) — A deadly crash involving a semi tractor-trailer and a tow truck has closed US-95 in both directions at mile marker 73 in Nye County, the Nevada Highway Patrol said Thursday.
NHP responded to the crash at approximately 2:16 a.m. on Feb. 26, 2026.
Details about the crash were not immediately available, but both drivers were confirmed dead at the scene.
Both northbound and southbound travel lanes on US-95 at mile marker 73 remain closed as of the initial report. The closure is located approximately 13 miles north of Beatty, Nevada.
Drivers headed northbound are advised to take US-93 through Alamo, Nevada, then Highway 318 to Highway 375, then Highway 6 westbound into Tonopah, Nevada.
Drivers headed southbound out of Tonopah are advised to take US-6 eastbound to Highway 375, then Highway 318, then US-93 into Alamo, Nevada.
NHP said additional information will be released following the preliminary investigation.
Copyright 2026 KVVU. All rights reserved.
LAS VEGAS (FOX5) — World-renowned free climber and Las Vegas local Alex Honnold is soaring to new heights with a new mission: helping everyone explore Nevada and all that the Silver State has to offer.
Travel Nevada, the state’s tourism agency, partnered with Honnold on the venture. FOX5’s Jaclyn Schultz spoke to Honnold after his recent success climbing atop Taipei 101. Streaming service Netflix broadcast the free climb live to millions of viewers.
Honnold is already an advocate for outdoor preservation across Nevada, and worked to preserve thousands of climbing routes on public lands like Red Rock Canyon.
“Everyone I meet is like, ‘Why would you live in Vegas?’ They think, they think I just spent all my time on the Strip. The Strip is cool– it’s incredible in its own way, world-class entertainment and everything. But man, the outdoor access is unparalleled,” Honnold said.
“I moved here for a reason. I think it’s the best climbing. I think it’s arguably some of the best access in the world. Having a convenient airport and sort of convenient living coupled with very convenient rock– there just aren’t that many places like that in the world,” Honnold tells FOX5.
“Get A Little Out There With Alex Honnold” features outdoor adventures across Nevada, and takes people along to discover hidden gems in different towns and communities.
What’s the most “underrated place” in Nevada, according to Honnold?
“Ely, Nevada,” Honnold said. “The potential, the bare bones of having a small town at the base of giant mountains, the access to skiing, the access to trails–I was like, this is as good as any kind of Colorado resort town,” Honnold said.
Nevada’s tourism has notably taken a nosedive over the past year. Various businesses, local leaders and state agencies have worked to lure back tourists, international visitors and domestic travelers.
“Part of the appeal of making the show is that you do just want more people to know about the opportunity. Nevada’s 80% public land. You can just go out and have adventures virtually anywhere,” he said.
Episode 1 of Honnold’s series drops February 26 on Outside TV. You can learn more here: Travel Nevada
Copyright 2026 KVVU. All rights reserved.
Exclusive: DeepSeek withholds latest AI model from US chipmakers including Nvidia, sources say
Mother and daughter injured in Taunton house explosion
2026 MHSA Montana Wrestling State Championship Brackets And Results – FloWrestling
Wildfires rage in Oklahoma as thousands urged to evacuate a small city
Wildfire near Gum Swamp Road in Livingston Parish now under control; more than 200 acres burned
YouTube TV billing scam emails are hitting inboxes
10 acres charred, 5 injured in Thornton grass fire, evacuation orders lifted
Stellantis is in a crisis of its own making
