The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt ...

In one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the ...

The U.S. Treasury Department today released the final Monthly Treasury Statement for Fiscal Year (FY) 2024, confirming the budget deficit totaled $1.8 trillion. The following is a statement from Maya ...

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that ...

The growth of private markets could mitigate the economic impact of wide U.S. deficits and high government debt levels, said ...

The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 ...

One of the reasons former President Donald Trump started a trade war with China was to reduce the U.S. trade deficit with the ...

That might make sense on some level if they were also calling for federal action that will decrease the annual deficit. But both are doing very much the opposite, and higher deficits mean the ...

In an updated economic and fiscal outlook, Canada's Office of the Parliamentary Budget Officer said it expects the country's Department of Finance to report a budget deficit for the 2023-24 fiscal ...

New Zealand’s annual budget deficit widened more than forecast as high inflation increased the cost of government services ...

OTTAWA--Canada's budget watchdog said Thursday its analysis indicates the Liberal government is running fiscal shortfalls above its vow to keep the annual deficit no bigger than 40 billion ...