Russia's budget deficit reached 3.69 trillion roubles ($46.89 billion), or 1.7% of gross domestic product (GDP), in the first ...

The federal budget deficit exceeded an estimated $1.8 trillion in fiscal year 2024, the CBO reported. Budget watchdogs are warning that the U.S. needs to act to rein in budget deficits.

One official warned funding is temporary and budget deficit may exceed $100M by 2030. ... “I see a Venn diagram with lots of commonality,” said Mayor Kevin McCarty at 11:16 p.m., ...

The Congressional Budget Office weighed in last week, estimating the bill would increase deficits by $2.4 trillion — or even more once higher interest payments on the debt are taken into account.

So cutting taxes, as Mr. Trump has told Congress to do, will drive up the budget deficit — and the trade deficit. All of this may seem counterintuitive, but it’s one of the few things that ...

Republicans' sweeping policy bill would increase the deficit by $2.4 trillion over the next decade, the nonpartisan Congressional Budget Office said. Latest U.S.

Revenue raised by President Trump's tariffs could reduce federal deficits by $2.8 trillion over the next decade, according to a new forecast from the non-partisan Congressional Budget Office.

It’s not just the federal government with major budget deficit problems. When he leaves office in 19 months, Gov. Gavin Newsom will bequeath to his successor endemic state budget deficits.

California is facing an additional $12-billion state budget shortfall next year, a deficit largely caused by overspending that Gov. Gavin Newsom said was made worse by President Trump’s federal ...