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

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 ...

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., ...

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.

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.

WASHINGTON—President Trump’s tax-and-spending megabill would increase budget deficits by $2.4 trillion over the next decade, compared with doing nothing, according to a Congressional Budget ...

WASHINGTON—The U.S. budget deficit topped $1.8 trillion in the latest fiscal year, driven by higher spending on interest and programs for older Americans, as the government faces a persistent ...

According to an analysis by the Penn Wharton Budget Model, a fiscal policy think tank at the University of Pennsylvania, Trump's proposals would add $5.8 trillion to the deficit over the next decade.

Washington — Republicans' sweeping policy bill aimed at advancing President Trump's second-term agenda would increase annual budget deficits by a total of $2.4 trillion over the next decade ...

At Tuesday's Oakland City Council meeting, the finance department raised concerns about the city's current $93 million budget deficit. Part of the discussion was around the Oakland Police Department.

According to the mayor’s office, the original $33 million deficit — about 3% of last year’s general fund budget — has already been reduced by half.