France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficit.
WASHINGTON (AP) — The federal government recorded a budget surplus in January. But so far this budget year, the total deficit is 77 percent higher than the same period a year ago. The Treasury Department said Tuesday that the deficit for the first four months of this budget year, which ...
Clinton Budget Yields Deficit, Agency Says Analysts Predict Shortfall of $49 Billion in 2002; White House DisagreesThe Congressional Budget Office said Thursday that PresidentBill Clinton's budget would leave a...By Ap
WASHINGTON (AP) — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit ...
MINNEAPOLIS (AP) — Gov. Tim Walz on Thursday released a revised two-year budget proposal that removes nearly $1 billion in proposed tax increases from his initial plan while expanding tax relief measures following an improved economic outlook for the st
University of Arizona President: Fiscal Year 2025 Budget Deficit May Be Reduced by $110M More TUCSON, Ariz. (AP) — As the University of Arizona continues to search for a new president, embattled outgoing president Robbins has announced “encouraging news...
By Simon Johnson Most of the discussion of federal budget issues today is misdirected. The shorter run issues are dominated by the likelihood of another financial crisis - and the implications that would have for the budget deficit - but no "fiscal hawk
The Real Reason For Our Budget Deficit
Budget Bills Erase DeficitAp
The share of taxes in total government revenue is found to be negatively (positively) associated with the fiscal deficit-to-GDP ratio in the short-run (long-run). In addition, the current account balance is found to be negatively correlated with the fiscal deficit, in the long-run, which ...