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.

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 government's budget deficit was nearly $2 trillion last year and is expected to widen further in future years, with experts warning that the government needs to rein in deficits to ...

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.

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 ...

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

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.

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.