Deficit spending occurs when the federal government spends more than it collects. This means that the federal budget exceeds both the government’s revenues for the year and any surplus it currently ...

The national debt now stands at more than $38 trillion. The tariff revenue we rake in is just a drop in the bucket compared to that amount. The Trump administration has proposed using tariff revenue ...

The U.S. trade deficit — that’s it. Be it S&P crashing more than 10% this year, tariff standoff with China, or re-negotiation of trade deals globally — the start to President Donald’s Trump’s second ...

In the four months since the Legislature and Gov. Gavin Newsom enacted a new state budget, revenues — primarily from personal income taxes — have outstripped expectations by several billion dollars.

State revenue reached just 82.1 percent of the full-year outlook in November, down 5.67 percent from the same period last ...

As the Union Budget 2026 takes centre stage, three key indicators — the revenue deficit, fiscal deficit and primary deficit — are back in focus. These metrics are closely watched by economists, ...

Revenues, expenditures, structural deficits, oh my! Pennsylvania’s Independent Fiscal Office released an updated fiscal outlook for the state, based around the new budget passed on November 12th. When ...