How Will Unsustainable U.S. Debt End?

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

Breaking Down Budget 2025: Deficits, Borrowings, Investments

A projected $78.3 billion deficit headlines the Budget 2025 that the Carney government tabled for the current fiscal year, up from the $42.2 billion shortfall previously estimated. The deficit is ...
The New York Times

Is the U.S. Trade Deficit an ‘Emergency’?

Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national emergency, an idea that remains contentious. By Ana Swanson Ana Swanson ...
Washington Examiner

Trump reduces the deficit by 4% with tariffs and his signature tax law

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...
Chicago Sun-Times

State deficit projections look dim

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Seeking Alpha

Beyond Deficits: Why Fiscal Worry Isn't Moving The Bond Market (Yet)

Soaring U.S. budget deficits were expected to prompt surging bond yields, but the Treasury market has remained strangely calm. U.S. Treasurys are drawing steady demand from domestic and international ...
Reuters

Italy says deficit to respect EU's 3% ceiling this year despite weak growth

Italy cuts 2025 deficit-GDP goal to 3% from 3.3% Confirms 2026 deficit at 2.8% of GDP Italy's finances benefiting from rising tax revenue Government sees 2025 GDP growth at 0.5%, 2026 at 0.7% ROME, ...
WWLTV

New Orleans facing $65M budget deficit, hiring freeze, city officials say

NEW ORLEANS — The City of New Orleans is facing a $65 million budget deficit. That number was confirmed Wednesday by members of Mayor Cantrell's administration after there were some discussions that ...
The Economist

Europe has an urgency deficit

Deficits are like cheeses: both come in many varieties, are something of a European speciality, and become problematic if left to fester too long. A deficit in government spending, the hardy perennial ...
U.S. News & World Report

US August Deficit Falls to $345 Billion as Tariff Revenues Rise

WASHINGTON (Reuters) - The U.S. budget deficit for August fell $35 billion or 9% from a year earlier to $345 billion as President Donald Trump's tariffs pushed net customs receipts up by about $22.5 ...
Bloomberg L.P.

US Farm Trade Deficit Widens to New Record as Imports Surge

The US agricultural trade deficit widened further in July, highlighting the challenge facing President Donald Trump as he vows to reverse the trend. Agricultural exports lagged imports by $4.97 ...