Germany's debt is expected to increase to 74% of gross domestic product by 2030 from 62.5% last year due to the increase in spending on defence and infrastructure, according to a report from the ...

The United States Treasury confirmed Wednesday that the federal budget deficit for May hit $316 billion, placing it among the top three largest monthly gaps ever recorded. This comes right after April ...

The CBO reports U.S. budget deficits will widen, with national debt reaching 156% of GDP by 2055, driven by rising entitlement spending and interest costs, urging fiscal policy adjustments.

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...

This article explores the US fiscal position, the impact of policies, external factor sensitivities, and long-term government projections ...

Two U.S. states made it into the top 10 largest economies in the world, according to the latest data from the IMF.

The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.

Deficits and interest Federal programme spending in FY 2024 totalled nearly USD5.9 trillion, compared with revenue of USD4.9 trillion, resulting in a primary deficit of USD951 billion.

Australia's defence spending in 1987 was around 3% of GDP or 10% of the national budget, compared to 2% of GDP or 6% of the budget in 2025, he said.

The average taxpayer’s piece of the $37-trillion federal debt is about $240,000, or six years of the median income.