The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.

The U.S. runs both fiscal and current account deficits that are referred to together as twin deficits. Many economists argue that the twin deficits are correlated.

The massive U.S. tax and spending bill slated for a final vote in Congress runs counter to the International Monetary Fund's ...

Another May Revision, another budget deficit — this time for $12 billion. ... Owners of EVs skew wealthy, so this program is an example of spending subsidizing the wealthy.

Examples of how those surplus funds have been deployed in recent budgets include: ... the city would enter the next fiscal year with a budget deficit of $33.4 million.

WA recreation prices go up as state tries to fix budget deficit. Ruby de Luna. June 30, ... Before the new fee, it cost just over $14 dollars, for example, to dig for razor clams.