The U.S. budget deficit fell 2% to $1.78 trillion for fiscal 2025, as record tariff revenue offset declining corporate tax receipts. Tariffs generated $195 billion amid President Donald Trump’s trade ...
The U.S. government recorded a $1.8 trillion budget deficit for fiscal 2025, just $8 billion smaller than the previous year, the Congressional Budget Office said. Revenue rose 6% while spending ...
The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in ...
The Centre’s fiscal deficit stood at 36.5 per cent of the full-year target at the end of the first half of FY26, according to data released by the Controller General of Accounts (CGA) on Friday. In ...
Truth matters. Community matters. Your support makes both possible. LAist is one of the few places where news remains independent and free from political and corporate influence. Stand up for truth ...
As the Union Budget 2026 takes centre stage, three key indicators — the revenue deficit, fiscal deficit and primary deficit — are back in focus. These metrics are closely watched by economists, ...
Revenues, expenditures, structural deficits, oh my! Pennsylvania’s Independent Fiscal Office released an updated fiscal outlook for the state, based around the new budget passed on November 12th. When ...
A restaurant damaged by Hurricane Milton in St. Pete Beach, October 2024. The state's government plans to set aside over $2 billion in three fiscal years as a fiscal reserve for hurricanes. A Florida ...
Baltimore could see a $3.3 million deficit next summer and is in a tight spot through one quarter of the new fiscal year if current spending levels continue, the city budget director said Tuesday.
Franklin County public schools completed an audit of the 2025 fiscal year and found they now face a $1.7 million deficit due ...
# The Government slashed its fiscal deficit by 32 percent, or almost one-third, for the first two months of the current 2025-2026 Budget year due to a more than $50m decline in the amount of ‘red ink’ ...
A shopper buys maize flour at a supermarket. Inflation has seen the cost of food products rise sharply. [Boniface Okendo, Standard] A public policy think tank has unearthed how Kenya's macroeconomic ...