America Is Going Broke. Will the Department of Government Efficiency Help?
The Department of Government Efficiency (DOGE) has started making moves. The D.C. media are furious about his attempts to cut ...
Republicans stare down massive deficits to extend Trump tax cuts
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...
An Unconventional Plan for Fixing the Federal Budget
The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines.
Trump And Elon Musk's DOGE Deficit Reduction Plan Could Lead To $4 Trillion Deficits, Warns Budget Expert Brian Riedl: 'No Easy Shortcuts'
Brian Riedl, a veteran federal budget analyst with 25 years of experience, has criticized President Donald Trump and Tesla ...
Gov. Wes Moore expanding state government despite $3B deficit, raising taxpayer concerns
Between salaries, benefits, and eventually, pensions -- how many people the state employs comes at a significant cost to ...
India targets fiscal deficit at 4.4% for 2025-26, sets path to bring down debt
The Indian government will target a narrower fiscal deficit of 4.4% of gross domestic product for fiscal year 2025-26, down ...
US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
Canada budget deficit over first eight months of 2024/25 jumps to C$22.72 bln
Canada recorded a slightly higher C$22.72 billion ($15.66 billion) budget deficit for the first eight months of the 2024/25 ...
ACT budget deficit now almost a billion dollars due to greater demand for healthcare
ACT Treasurer Chris Steel unveils his first mid-year budget update, forced to reveal the bottom line is in a much worse ...
Newly-appointed ACT treasurer faces heavy lifting as he reveals an almost billion-dollar budget deficit
The new ACT treasurer is facing an ambitious task of turning an almost billion-dollar deficit into a small surplus — and he's hoping to improve the books by $850 million in just a matter of months.
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Revenue Deficit: Showing economic inefficiencies in government operations
What to watch for in the Budget? Pay attention to the government’s revenue deficit target for the financial year and the steps it plans to take to reduce it. Look for measures to improve tax ...