The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...
Maryland state senators and delegates always celebrated their return to Annapolis, but this year, there is a decidedly dark ...
California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 ...
A fiscal deficit is the result of a government’s spending exceeding its income ... temporarily extend, or revise the definition of the debt ceiling. Investopedia requires writers to use primary ...
Maryland is currently facing a projected $3 billion budget shortfall that is only expected to balloon in coming years.
The parliamentary budget officer projected the deficit would be $46.8 billion ... arguing that a declining debt-to-GDP ratio "by definition" means the government's fiscal position is sustainable.