US estimated to have borrowed $127B in January: CBO
The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 ...
‘Rosy’ Budget Assumptions Might Increase National Debt Says Think Tank
Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...
House Republicans Are Split on How Deeply to Cut Federal Spending
WASHINGTON—House Republicans are sharply divided over how much government spending they should cut, and the dispute is ...
The Washington Post8d
Moore announces tax increases for the wealthy to close budget gap
Wes Moore (D) on Tuesday announced a plan to raise income tax rates for the state’s wealthiest residents, money that would help close a looming $3 billion budget deficit and fund public taxpayer ...
Committee for a Responsible Federal Budget11d
Reconciliation Should Indeed Reduce Budget Deficits
The Republican Study Committee (RSC) Steering Committee released their position calling for deficit reduction in the upcoming budget reconciliation process, writing “Reconciliation legislation must ...
businessday13dOpinion
Coping in Nigeria’s high-inflation economy
Inflation in Nigeria today has become a huge challenge, affecting businesses, consumers, and the overall economy. As ...
Investopedia15d
Fiscal Deficit: Definition and History in the U.S.
Fiscal conservatives, on the other hand, generally argue against deficits. Rather, they favor a balanced budget policy where spending equals revenue, leaving neither a deficit nor a surplus.
Budget Explained: What is fiscal deficit? Why is it important to control it?
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 ...
ABC7 San Francisco19d
Sonoma State to cut entire athletics program, degrees and more to address nearly $24M budget deficit
saying the changes are necessary for addressing the school's $23.9 million budget deficit for the 2025-26 school year. "I know this is difficult news for our campus community. I am keenly aware of ...
Reno Gazette-Journal20d
Democrats ‘at a loss’ to understand how Lombardo sent them a budget with a $335M deficit
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 ...
Mint20d
Capital markets to watch budget balance between fiscal deficit and spending
managing director and chief executive officer at HDFC Securities Ltd. “This budget is expected to address key issues such as FDI, fiscal deficit, disinvestment, and energy transition ...
The Conversation20d
Feeling political distress? Here are coping strategies a psychologist shares with his clients
The Serenity Prayer is an effective summary of research on coping. As I discuss in my book “Finding Goldilocks,” the well-known invocation identifies two basic strategies and tells you when to ...