The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...

The rating agency Moody’s, which, among others, analyzes the viability of states as debtors, welcomed the fiscal measures ...

Malawi’s fiscal stability came under renewed scrutiny in May 2025 after the national budget deficit surged to K300 billion—more than double the previous month’s shortfall and nearly triple that of the ...

Italy aims to exit the European Union's infringement procedure for its excessive budget deficit as early as next year, ahead ...

The Romanian government adopted a fiscal corrective package on July 4 worth RON 10.7 billion (EUR 2.1 billion), equivalent to ...

The U.S. federal government earned $27.0B more than it spent in June, compared with the -$41.5B deficit expected and the ...

'Given the scope of requested spending reductions, adjustments to our workforce may be necessary,' said the memo ...

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

EU ministers will pile pressure on Bucharest to impose austerity measures and bring the deficit under control.

The GOP deficit hawk is dead, after promising for years to rein in the country’s spiraling debt and deficits, but then voting last week to do the opposite.

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