Until we raise taxes or reduce spending to shrink deficit — or the world resists purchasing U.S. Treasuries — rational ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

Folsom City Council will likely vote Tuesday on if the city should delay hiring 10 firefighters. If they do, the fire ...

Colorado legislators are considering a special session to cover a budget hole to the tune of hundreds of millions of dollars ...

South Carolina lawmakers helped pass the One Big Beautiful Bill. Many herald it as a win for fiscal responsibility even ...

Russia's federal budget deficit for the first half of 2025 was 3.7 trillion roubles (about US$47 billion), or 1.7% of the country's GDP. Source: The Moscow Times, citing data from the Russian Ministry ...

When he was France’s finance minister in the 1960s, former French president Valéry Giscard d’Estaing famously complained about the “exorbitant privilege” that the dollar’s position as the world’s ...

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

The UK faces a £10bn blow to the public finances each year from Donald Trump’s tariff regime, according to the official ...

Having the Air Force fly a B-2 bomber overhead during a signing ceremony for a budget bill would have in a different time ...

Republicans are deceiving us about the cost of the tax bill. It adds trillions to the deficit while allowing Congress to ...

Republicans running statewide in Virginia this year have started using New York City Democrat Zohran Mamdani as a bogeyman, ...