California is billions of dollars in debt to the federal government to pay for its unemployment insurance trust at a time when the state’s expenses … Read more
California unveiled a huge budget deficit earlier this year, which has led experts to wonder if the state can even balance its budget without relying … Read more
(Reuters) – The U.S. federal budget deficit shrank in March from a year earlier as outlays dropped and receipts rose with the annual tax-filing season … Read more
Biden’s Climate Agenda Is Contributing To Ballooning Deficit, CBO Says Nick Pope on February 7, 2024 President Joe Biden’s massive climate agenda is contributing to … Read more
By Steven Scheer JERUSALEM (Reuters) -Israeli cabinet ministers on Sunday began what is expected to be a marathon session on approving an amended 2024 budget … Read more
WASHINGTON (Reuters) – The U.S. federal government posted a December deficit of $129 billion, up $44 billion or 52% from a year earlier as outlays … Read more
ISTANBUL (Reuters) – Turkey’s current account is expected to record a deficit of $1.7 billion in November, after two months of surplus, and the deficit … Read more
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia has reduced its 2023 budget deficit significantly to 347.6 trillion rupiah ($22.48 billion), equivalent to 1.65% … Read more
ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti raised doubts on Friday over whether Rome’s 2023 deficit target could be met due to costly fiscal … Read more
WASHINGTON (Reuters) – The U.S. current account deficit was the smallest in more than two years in the third quarter amid rising petroleum exports, government … Read more
BRASILIA (Reuters) – Brazil’s Congress approved its budgetary guidelines bill on Tuesday, setting the goal of eliminating the primary deficit by 2024, but including a … Read more
By Anna Koper and Karol Badohal WARSAW (Reuters) – Poland’s revised 2024 budget pencils in a deficit of 184 billion zlotys ($46.44 billion), the government … Read more
WASHINGTON (Reuters) – The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and … Read more
Gavin Newsom’s California Has Reached A New Milestone — A $68 Billion Budget Deficit Will Kessler on December 7, 2023 California’s budget deficit has nearly … Read more
Gavin Newsom’s California Has Reached A New Milestone— A $68 Billion Budget Deficit Ryan Meilstrup on December 7, 2023 California’s budget deficit has nearly tripled … Read more
WASHINGTON (Reuters) – The U.S. trade deficit widened more than expected in October as exports declined, likely positioning trade to be a drag on economic … Read more
(Reuters) – S&P Global Ratings on Friday revised Bahrain’s outlook to “stable” from “positive”, citing spending pressures that could push the country’s fiscal deficit wider … Read more
JAKARTA (Reuters) – Indonesia’s state budget tipped into 0.7 trillion rupiah ($45.19 million) deficit for the January-October period, having shown 67.7 trillion rupiah surplus in … Read more
ROME (Reuters) – Italy should be taking tougher action to deal with its deficit and debt levels, the head of the International Monetary Fund (IMF) … Read more
BRASILIA (Reuters) – Brazil’s government projections for its public accounts in 2023 have substantially worsened, with the deficit before interest expenses now nearing the annual … Read more
MOSCOW (Reuters) – Russia’s budget deficit will be around 1% of gross domestic product (GDP) this year, Finance Minister Anton Siluanov said on Wednesday, marking … Read more
BRASILIA (Reuters) – Brazil’s Institutional Relations Minister Alexandre Padilha said on Thursday there will be no initiative from the government to change its fiscal target, … Read more
By Marc Jones LONDON (Reuters) -Israel’s war with Hamas in Gaza will lead to a larger-than- expected budget deficit next year, investment bank JPMorgan said … Read more
BEIJING (Reuters) – China can raise its budget deficit ratio next year to support the economic recovery because there is still space for the central … Read more
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the … Read more
NEW DELHI (Reuters) -The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to … Read more
ROME (Reuters) – An Italian centrist opposition party led by former Prime Minister Matteo Renzi said on Wednesday it would appeal to the constitutional court … Read more
STRBSKE PLESO, Slovakia (Reuters) – Italy is paying the price for raising its deficit targets via higher borrowing costs, European Central Bank policymaker Klaas Knot … Read more
By Sara Rossi MILAN (Reuters) – Italy’s higher budget deficits this year and next could make it ineligible for bond support under the European Central … Read more
WASHINGTON (Reuters) – The U.S. trade deficit narrowed more than expected in August as exports increased solidly, likely positioning trade to support economic growth in … Read more
BUDAPEST (Reuters) – Hungary’s government has raised the 2023 budget deficit target to 5.2% of economic output from 3.9%, the finance ministry said on Tuesday, … Read more
MONTVALE, NJ – St. Joseph (Mont.) reverses an early setback to trounce Donovan Catholic 52-28, highlighted by quarterback Patrick Grusser’s impressive 274-yard passing game. The … Read more
By David Milliken LONDON (Reuters) – Britain’s Institute for Fiscal Studies (IFS) estimated on Thursday that there was a 90% chance that public borrowing in … Read more
By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit overshooting at around 5.5% of gross domestic product (GDP) from the current 4.5% … Read more
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and primary income offset a shortfall on … Read more
By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the … Read more
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s current deficit narrowed in the second quarter, official data showed on Wednesday, but the country’s external position … Read more
BANGKOK (Reuters) -Thailand’s new cabinet on Wednesday approved a plan for higher fiscal 2024 spending of 3.48 trillion baht ($97.29 billion) and a larger budget … Read more
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government on Tuesday predicted a larger budget deficit but better-than-expected economic conditions in the year ahead, as … Read more
By Dave Graham and Diego Oré MEXICO CITY (Reuters) – The Mexican government’s plan to run up the biggest budget deficit in decades during the … Read more
US Deficit Skyrockets Thanks To Biden’s Massive Government Spending Lillian Tweten on September 4, 2023 The federal government’s deficit for fiscal year 2023 is set … Read more
PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion) deficit, according to a … Read more
BRASILIA (Reuters) – Brazil’s government outlined an ambitious plan to rescue its public accounts from deficit which hinges on securing 168.5 billion reais ($34 billion) … Read more
By Bernardo Caram and Marcela Ayres BRASILIA (Reuters) – Delays and disappointments on revenue-boosting measures have made it harder for Brazil’s government to balance its … Read more
KYIV (Reuters) – Ukraine’s trade deficit grew to $8.97 billion in the first five months of the year compared with a deficit of about $1 … Read more
By Patrick Werr CAIRO (Reuters) – Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound if it does not slow … Read more
By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -India’s merchandise trade deficit in June was in line with expectations at $20.13 billion, according to … Read more
BRUSSELS (Reuters) – The euro zone almost eliminated its trade deficit in May, non-adjusted data showed on Friday, as exports of chemicals and machinery picked … Read more
By David Lawder WASHINGTON (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from a year earlier as revenues … Read more