Ray Dalio says cutting budget deficit is crucial to stabilize the bond market
The widely-followed investor said reducing the deficit can be achieved through higher taxes, lower spending or a combination ...
UK budget deficit surges in December as debt interest hits
Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest and a one-off purchase of military ...
Russia's budget deficit widens to $34.4 billion after late spending spree
Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry ...
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 ...
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, ...
Illinois State Board of Education asks for $11.4 billion in funding as state faces substantial budget deficit
The Illinois State Board of Education approved a nearly $11.4 billion budget request this week for the upcoming fiscal year, ...
UNO officials to make ‘challenging’ furloughs amid structural budget deficit
An approval to implement furloughs at the University of New Orleans was given by the University of Louisiana System Board of ...
New Hampshire Union Leader18h
Hoping to head off deficit, Gov. Ayotte orders hiring freeze
Seeking to head off a state budget deficit in the current year, Gov. Kelly Ayotte ordered a freeze on non-essential hiring ...
New Hampshire Public Radio14h
Gov. Ayotte announces state hiring freeze, citing budget deficit
Since July, revenue from the state’s major business taxes, which account for about 40% of state collections, have come in ...
SEPTA has cut $27 million to reduce a deficit and boost its case for new state transit money
SEPTA is trimming costs as it drafts a new operating budget and hopes to wring new state dollars from the legislature. So far ...
Business Times15h
UK budget deficit soars on debt costs in setback for Reeves
DEBT interest costs pushed up UK government borrowing more than predicted last month, putting Chancellor of the Exchequer Rachel Reeves on course to overshoot official forecasts this year. Read more ...