Gov. J.B. Pritzker will present his seventh budget proposal Wednesday as the state faces a projected $3.2 billion revenue ...

Federal pandemic aid has all been allocated and the economy has slowed, leaving tax revenue projections relatively flat for ...

Speaking to reporters for the first time since he took charge of the Trump administration's cost-cutting initiative, Elon ...

The monthly government budget release is typically a pretty sleepy one. I know, because I’m sitting there at 2 p.m. Eastern ...

MOSCOW. Feb 11 (Interfax) - Russia had a federal budget deficit of 1.706 trillion rubles or 0.8% of GDP according to preliminary data in January 2025, the Finance Ministry said in a monthly brief. The ...

Read about GAO's recent report about rising U.S. federal debt, its drivers and what steps should be taken to correct it.

Outside of reconciliation, the budget also includes a net $7.8 trillion of deficit reduction over the next decade that would result in the debt stabilizing at its current level of 99 percent of Gross ...

MOSCOW. Feb 11 (Interfax) - Preliminary data indicate that Russia's federal budget was fulfilled at a deficit of 1.706 trillion rubles, 0.8% of GDP, in January, the Finance Ministry said in a monthly ...

For example, even with entitlement spending the federal deficit under President Trump was $0.67 trillion in 2017, $0.78 trillion in 2018, and $0.98 trillion in 2019. Biden’s annual deficits ...

The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.

The U.S. introduces the "Fair and Reciprocal Plan" tackling non-reciprocal trade practices to reduce trade deficits.

“The federal government has a significant spending ... Still, Mr. Trump’s tariffs would make only a small dent in annual deficits. The Tax Foundation, a right-leaning think tank, estimates ...