As the Union Budget 2026 approaches, the revenue, fiscal, and primary deficits are under scrutiny. These indicators reveal ...
On Friday, the Obama administration reported that the federal budget deficit for Fiscal Year 2010, which ended on September 30, came in at about $1.294 trillion. It's huge. That's down from the record ...
The fiscal policy cycle is turning to a new phase, away from the tremendous stimulus and spending of the past five years to austerity and cuts. The decision on the fiscal cliff will set in motion the ...
What is government borrowing and how does it impact fiscal deficit? A key question ahead of the big day. As the Union Budget ...
The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in ...
The US fiscal deficit is unsustainable at -6.28% of GDP, risking a major fiscal spending shock that could trigger a recession in 2025. President Trump's proposed austerity measures, including spending ...
California’s state budget is mired in what fiscal authorities call a “structural deficit,” meaning its revenues cannot keep up with spending mandated by current law. For several years, Gov. Gavin ...
The LAO projected California will face an $18 billion deficit next year. One union hashing out a new contract in 2026 is preparing to fight.