Federal budget deficit hits record $1.1T in first 5 months of fiscal year
New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...
Trump’s Tariffs Are Aimed at a Trade Deficit Driven by Popular Goods
Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...
Indonesia keeps 2025 budget deficit forecast unchanged despite tax revenues slump
Indonesia's government is maintaining its forecast that the budget deficit will be 2.53% of GDP this year despite a 30% ...
Government deficit rose 4% in Trump’s first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending
While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January ...
Facing a deficit, Brown University freezes hiring, citing ‘uncertainty’ from federal government
There continues to be significant uncertainty about the full financial impact of the ongoing volatility of the national ...
Overtime spending in city agencies killed Baltimore’s $53.8 million budget ‘windfall’; city preparing for deficit
Excessive overtime spending in city agencies all but erased Baltimore’s fiscal year 2024 surplus, and now the city is ...
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St. Helena exploring how to solve budget deficit
With a budget shortfall between $6 million and $10 million — and no quick fix in sight — St. Helena is struggling to stay ...
Redding faces backlash over proposed cuts to police and fire departments to fix deficit
The City of Redding is grappling with a $5 million budget deficit, prompting city administrators to propose cuts to the ...
Warriors' Stephen Curry hits 4,000th 3-pointer in win over Kings
Stephen Curry became the first player in NBA history to make 4,000 career 3-pointers on Thursday as the Golden State Warriors ...
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New Alaska revenue forecast worsens state’s big projected budget deficits
Oil revenue makes up about 40% of Alaska’s general-purpose revenue, leaving state finances unstable and dependent upon ...
The 10 Worst Republican Budget Gimmicks
The post The 10 Worst Republican Budget Gimmicks appeared first on Reason.com.
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Analysis of nonprofit SAY’s tax returns shows it operated in the red for years before it went bankrupt
SAY’s tax returns show that except for one year, the nonprofit operated in the red every year since 2017, the year after the ...