We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

The Congressional Budget Office has recently come under fire from both Democrats and Republicans for its budgetary analysis of President Trump's domestic policy law.

Proponents of the current policy baseline method say it offers a more realistic picture of how the tax cuts will affect the ...

As can be seen from the diagram below, despite the Covid deficit surge and the following decrease, we can clearly see that there is a growing upside trend in the US national budget deficit. Fiscal ...

As long as the U.S. runs large budget deficits, financed partly by foreign capital flows, the trade deficit is unlikely to diminish measurably.

Tough decisions on Sacramento’s public safety and budget cuts spark council conflict. Funding for police and youth programs is under scrutiny.

Bibb County Board tentatively adopts FY26 budget, reducing deficit by $1M, securing staff raises, but removing new positions to meet fiscal goals, student support.

The US budget deficit is the story markets are fixated on this week, with panicked bond investors sending yields spiraling higher and spooking the stock market.

The proposed budget had called for establishing fees for the city’s Residential Permit Parking program, which residents often use to park near their homes.

China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the economy during an escalation in its trade conflict with the US.