A new report from the Penn Wharton Budget Model argues that the federal debt can be slashed without sacrificing economic ...

A federal budget deficit occurs when a government spends more than it earns in revenue over a given fiscal year. This shortfall is typically financed by borrowing through the issuance of government ...

While DFL leaders point to a current surplus in Minnesota, the GOP blames them for an expected budget shortfall on the ...

With a little over a month to go until Mayor-elect Daniel Lurie’s inauguration in San Francisco, the city already has a ...

With a multi-billion dollar deficit looming in a few years, the divided state Legislature must decide next session whether to address the imbalance immediately, or delay potential budget cuts or tax ...

The $616 million surplus figure is an indication that lawmakers will be less ambitious with the next two-year budget.

FEDERAL DEFICIT ... budget, and our trust funds are heading towards insolvency and automatic benefit cuts, all because of our ...

The Federal Government has raised US$2.2 billion Eurobonds maturing in the international capital markets in 2031 (6.5-year) ...

Bessent, a hedge-fund manager, espouses a “three arrows” approach toward overseeing the US economy: reducing federal deficits ... the defense budget, to help lower the deficit while rescinding ...

It comes after the Albanese government’s budget deficit was forecast to grow even larger due to falling tax revenue and higher spending. The Deloitte Access Economics’ half-yearly budget ...

Leading economists want action to rein in rising spending or increase revenue, as fresh Deloitte projections forecast a $33.5bn budget deficit ... of growing pressures on the federal budget ...