Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
MC Poll | Govt may set fiscal deficit target at 4.5% in Budget 2025-26, say economists
“The fiscal deficit target for FY26 is likely to be set at 4.5 percent of GDP, entailing a reduction of 25-30 bps over the ...
U.S. posts record $711 bln deficit for first three months of fiscal 2025
The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into ...
West Virginia MetroNews1d
Lawmakers say they’re ready to contend with projected $400 million deficit
Gov. Patrick Morrisey announced during his first week in office that his administration projects a budget deficit of more ...
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 ...
From ‘fortunate’ to fiscal crisis? Wes Moore, Larry Hogan spar over Maryland’s budget deficit
The battle to solve Maryland’s $3 billion budget deficit has prompted a debate between the state’s two most recent leaders, ...
India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say
India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the ...
India’s fiscal deficit to shrink continuously amid strong tax revenues: World Bank
The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the latest World ...
MercoPress1d
Uruguay faces persistent fiscal deficit: Levels match end of previous administration
The fiscal deficit has experienced three distinct phases during the current administration. The first phase, marked by the COVID-19 pandemic in 2020, saw the deficit peak at 5.8% of GDP due to ...
Province's fall fiscal update projects P.E.I.'s deficit to balloon to $129M
Islanders had to wait until winter for the P.E.I. government’s fall fiscal update, which was released Friday and forecasts a ...
India’s fiscal deficit for FY26 expected at 4.4%-4.6% of GDP: Goldman Sachs
The Centre has committed to the fiscal consolidation roadmap outlined in FY22, aiming to reduce the fiscal deficit to below 4 ...