Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.

Definition: Gross Primary Deficit is Gross Fiscal Deficit less interest payments ... Description: A shrinking primary deficit indicates progress towards fiscal health. The Budget document also ...

Gov. Wes Moore said on opening day of the General Assembly that a “season of hard choices” is beginning, and balancing the ...

ANNAPOLIS, Md. (7News) — Maryland Democrats gathered Tuesday in Annapolis for a pre-legislative session luncheon. Currently, ...

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 ...

FRANCE’S budget deficit for 2025 “will not be much above 5 per cent,” the country’s budget minister Amelie de Montchalin reaffirmed in an interview published on Sunday with Le Parisien paper. Last ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

JAKARTA :Indonesia's unaudited budget deficit for the 2024 fiscal year was 507.8 trillion rupiah ($31.38 billion), or 2.29 per cent of GDP, smaller than the finance ministry's earlier estimate but ...

JAKARTA : Indonesia's unaudited budget deficit for the 2024 fiscal year was 2.29 per cent of GDP, smaller than the finance ministry's earlier estimate but bigger than that of 2023, official data ...

"We can not deny our difficult fiscal realities," Democratic State House Speaker Adrienne Jones said on Wednesday.

Maryland lawmakers face an historic budget deficit when the next session of the General Assembly begins Wednesday, and it could impact taxes and services. The deficit is projected to be $2.7 billion.