The Latest Breaking News from Deficit

Trade deficits are not a "national emergency," and the president's import taxes won’t reduce them.

Budget envisions significant increase in defence spending, cuts to civil service and ‘generational investments’

As France's parliament enters the final days of trying to agree on a belt-tightening budget for 2026, lawmakers are voting Friday on a wealth tax that left-wingers say will help reduce the country’s €44 billion debt pile and budget deficit. The government, meanwhile, is defending an alternative to such a…

National Audit Office reports nearly two-thirds of independent hospices in deficit in 2023-24 as demand increases

IN FULL

Two thirds of hospices in England reported a financial deficit in 2023/24

Nearly two thirds of independent hospices reported a deficit in 2023/24.

President’s allies say deficit is going down, but predictions for 2026 still range as high as $2.2 trillion

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.