As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The widely-followed investor said reducing the deficit can be achieved through higher taxes, lower spending or a combination ...

The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into ...

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

Laura Loomer, a close ally of President Trump’s and a far-right activist, asked the president to intervene as she continues to accuse billionaire Elon Musk of censoring her account on his social media ...

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

Gov. Joe Lombardo may have struck a conciliatory tone toward legislative Democrats in his state of the state speech last week ...

Ed Fitzpatrick with the Globe Rhode Island joined 12 News at 4 to discuss Gov. Dan McKee's state budget and how transit advocates have expressed frustration over RIPTA's budget deficit.

Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry ...

Closing the projected $2.7 billion Maryland deficit will consume much of the General Assembly time in Annapolis this year. Maryland Gov. Wes Moore’s proposal would supposedly close the gap, but ...

Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest and a one-off purchase of military ...

France's 2024 public sector budget deficit is nearing 6% of GDP, as announced by Finance Minister Eric Lombard. The ...