Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing government spending and national debt.
Despite this surge in tariff revenue, the deficit still totaled $1.8 trillion, or roughly 6% of GDP. And if the Supreme Court ...
The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from ...
U.S. tariff revenue hit a new monthly record in August, reflecting President Donald Trump’s tariff hikes, though that still left the federal government with the third-biggest deficit on record so ...
The Governor’s Office of Management and Budget projected last month that Illinois is on track to run a $267 million deficit ...
Underlying financial weaknesses set Harvard’s Faculty of Arts and Sciences on the path toward its estimated $365 million ...
The former Vice Chairman of the Fed suggests that the Treasury market has fully priced in the dire fiscal situation of the US ...
SPRINGFIELD — Illinois is on track to run a more than $200 million deficit just three months into the current fiscal year, according to the Governor’s Office of Management and Budget. If nothing ...
For the fourth straight year, University of Iowa Athletics in 2025 set a new revenue record of $153.2 million — while ...