The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

The national debt just got bigger. According to the Congressional Budget Office, the U.S. government borrowed $696 billion in the first four months of the fiscal year, bringing the total to more than ...

Gov. Mikie Sherrill said New Jersey faces a "serious structural deficit" in advance of her March 10 budget address.

India’s fiscal roadmap for the coming year is likely to balance restraint with expansion, as the government targets a lower deficit while continuing to invest heavily in infrastructure. Ratings agency ...

The US economy has long been shielded from the unsustainability of its trade and budget deficits. It may not be for much longer. So much for President Donald Trump’s promise that his import tariff ...

I appreciate Michael Hicks' concise and clear explanation of present economic conditions ("The world is selling America. Here's why the dollar collapse matters"). But I take issue with his statement ...

The Congressional Budget Office has released its annual Budget and Economic Outlook for 2026 to 2036, and once again, CBO and the media are blaming the nation’s deficit problem on Republican tax cuts.

Cincinnati Public Schools is facing a projected $101 million deficit by 2030 due to reductions in state funding and property tax reforms, prompting discussions on budget cuts and a potential new levy.

THE BUDGET THAT I’M PROPOSING HAS NO TAX AND NO FEE INCREASES. SOME BIG PROMISES DESPITE A LOOMING MASSIVE DEFICIT, LAWMAKERS IN ANNAPOLIS BEGIN THE 2026 SESSION WITH A LONG LIST OF PRIORITIES AND ONE ...

This latest budget includes projected revenues of $17.3 billion and expenses of $18.9 billion, and the province is projecting deficits for the next four years. Despite the talk of a need for restraint ...