President Trump’s new spending law and increased tax receipts could lower the roughly $300 million deficit Governor McKee had faced.

There are 6 ways an unsustainable debt path can come to an end: faster economic growth, lower interest rates, default, ...

A cash-strapped regional health service says the state government told it to raid money set aside for workers’ annual leave ...

Along with a second promise to balance the newly defined operating budget within three years, Carney’s anchors have left some ...

In responding to a question from New Brunswick Senator Krista Ross, Jacques suggested that the federal government should need ...

Politics and debt don’t mix well. Americans would be wise to look across the Atlantic to see how tough things can get.

Canada recorded a slightly higher C$16.09 billion ($11.52 billion) budget deficit for the first six months of the 2025/26 fiscal year as government expenditures grew faster than revenues, the finance ...

Ottawa is not planning to set up an independent body to scrutinize the new capital framework in its budget, despite calls for ...

Ottawa’s fiscal watchdog says there’s a “low probability” that the Carney government will reach any of the three targets that ...

Gov. Gavin Newsom addresses the media during a press conference unveiling his revised 2025-26 budget proposal at the Capitol Annex Swing Space in Sacramento on May 14, 2025. Photo by Fred Greaves for ...

San Diego City Council President Joe LaCava. (Photo by Ken Stone) SAN DIEGO – San Diego City Council President Joe LaCava discussed the complexities of dealing with the current city budget deficit and ...

China’s Finance Minister Lan Fo’an has pledged to set the budget deficit as a percentage of gross domestic product — as well as the scale of government borrowing — at “reasonable” levels over the next ...