NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade.

Over the past 60 years, nearly every U.S. president has run a record budget deficit at some point, with former Presidents Donald Trump, Barack Obama, and Joe Biden running the largest U.S. budget ...

Beaumont's unique definition of a "balanced budget" raises concerns among City Council members about spending and rainy-day ...

A fiscal deficit refers to the shortfall in a government’s revenue compared to its spending during a certain period. When a country runs a fiscal deficit, it means the government spends beyond ...

As India awaits the Union Budget for 2025-26, it's an apt time to explore key terms associated with this highly anticipated event. This article breaks down the concept of fiscal deficit and its ...

Cutrer said the main reason for the deficit was decreasing enrollment at Sonoma State, which has dropped 38% since 2015. She said rising costs of personnel and inflation were also contributing ...

Japan's trade deficit in 2024 shrank 44 percent from a year earlier to 5.33 trillion yen ($34 billion), as exports hit a record high due to robust vehicle and semiconductor-related demand, government ...

They placed the proposed budget’s structural deficit at $335 million–about 2.6% of the $12.7 billion budget, which would cover state spending from July 2025 through June 2027. They said they ...

The U.S.'s global trade deficit exceeded $1.2 trillion in 2023. In 2024, the U.S. imported $270 billion more goods from China than it exported to the country, its third-largest trade partner ...

Staff from the governor’s office acknowledged that budgeting errors were made. They placed the proposed budget’s structural deficit at $335 million–about 2.6% of the $12.7 billion budget, which would ...

Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street. By Andrew Duehren Reporting from Washington When House Republicans ...

The decision comes as city school officials face a massive $32 million budget deficit in the upcoming fiscal year that has prompted the local school board to freeze spending and cut nearly 80 jobs ...