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 far exceed its income. The …
deficit
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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 on short-term gimmicks. The state …
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(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 well underway, the U.S. Treasury …
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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 the ballooning federal deficit, according …
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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 to account for a sharp …
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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 rose while receipts fell from …
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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 was seen at $45 billion …
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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% of gross domestic product (GDP) …
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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 incentives for green home improvements. …
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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 data showed on Wednesday. The …
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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 provision allowing for a limited …
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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 said on Tuesday, higher than …
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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 the highest since March, the …
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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 tripled since last year, culminating …
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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 since last year, culminating in …
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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 growth in the fourth quarter. …
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(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 than the credit ratings agency …
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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 the first nine months, and …
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ROME (Reuters) – Italy should be taking tougher action to deal with its deficit and debt levels, the head of the International Monetary Fund (IMF) said in an interview published …
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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 fiscal target, as indicated by …
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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 the latest improvement in Russia’s …
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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, which currently foresees erasing the …
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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 on Wednesday, adding that the …
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BEIJING (Reuters) – China can raise its budget deficit ratio next year to support the economic recovery because there is still space for the central government to issue more debt, …
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Sen. Michael Testa sent a letter to the New Jersey Local Finance Board requesting that they soundly reject Jersey City’s proposal to issue $182 million of debt.