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

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

may impact an already-burgeoning budget deficit. One of the world’s top investors says there is nothing to worry about. Steven Goldstein is based in London and responsible for MarketWatch's ...

THE National Government’s (NG) budget deficit widened to P213 billion in November, as revenue collections dipped and spending accelerated, Treasury data showed. Data from the Bureau of the Treasury ...

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China will raise its deficit in order to boost spending next year, its finance minister said Tuesday according to state media, as Beijing looks to prop up its struggling economy. The world's ...

Highlights:,Deficit spending occurs when a government’s expenditures exceed its revenues.,This imbalance results in borrowing to meet the financial gap.,Long-term deficit spending can lead to ...

The debate on the 2025 United States budget and budget deficit has been keeping the legislature and the executive at loggerheads for some time. A lockdown of the economy seems imminent if an ...

The Central Bank of Nigeria (CBN) has reported a 23% decline in the Federal Government’s deficit spending, which fell to N3.3 trillion in the third quarter of 2024 (Q3’24) from N4.3 trillion ...

Federal spending has spared Australians from a recession ... in cumulative deficits over the next four years. This year’s deficit is expected to be slightly smaller than forecast in May, but ...

ANNAPOLIS, Md. — Maryland is staring down a significant budget shortfall while several of its neighboring states are enjoying surpluses, a review by Spotlight on Maryland found. The upcoming ...

ACCI chief executive Andrew McKellar accused the government of shifting spending to ­reduce the deficit by $1.4bn in 2024-25, only to blow out deficits in coming years. “The public sector ...