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The Latest Breaking News from Deficit

New batch of councillors need to make smarter decisions to tackle huge debt

The council is managing a multi-million-dollar deficit.

Newcastle Herald

Power feels team orders needed to overcome Palou for IndyCar title

Will Power has conceded he will likely need help from his Team Penske team-mates in order to overcome the points deficit to IndyCar Series leader Alex Palou and take a third title.

Autosport

Power believes oval skills can help close title points gap in Milwaukee

If Will Power is going to win a third IndyCar Series championship, it’ll have to happen by overcoming a massive points deficit.

Motorsport

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Democrats target Trump in Michigan and Wisconsin with billboard highlighting Project 2025 tax hikes

EXCLUSIVE: Democrats in Michigan and Wisconsin have erected billboards highlighting Trump’s potential cost to Americans in a second term ahead of visits by the ex-president

The Independent UK

Idaho Child Care Program Faces $16 Million Deficit as Bureaucrats Overextend Benefits

As conservatives push for cuts, lasting reform will require closing accountability gaps and restructuring entitlements.

Reason

Trump's Proposals Would Add $5.8 Trillion to the Deficit

Vice President Kamala Harris would add about $2 trillion to the deficit.

Reason

Trump's Policies Could Add $5.8T To Deficit, Nearly 5X More Than Harris' Plan: Penn Wharton Study

Harris's plan, which includes expanding the Child Tax Credit, and Earned Income Tax Credit, is expected to raise deficits by $2.1 trillion over the next decade.

International Business Times

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Braverman claims Starmer is paving the way for ‘draconian’ tax rises with upcoming speech

On Tuesday, the prime minister is set to warn the British public that things will get worse before they get better

The Independent UK

The only exercise I do is walking - is that enough? Doctors reveal all you need to know

Walking for at least 10 minutes a day has benefits for the mind and body - but is walking enough exercise on it's own? We asked the experts to say once and for all

Woman & Home

Israel's economy is struggling. Economists say ending the war would help

Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict

The Independent UK

Leclerc: Ferrari’s deficit “too much” in poor Zandvoort qualifying

Charles Leclerc has declared his 0.909s gap to Lando Norris’s Formula 1 Dutch Grand Prix pole lap time for McLaren was “too much” for Ferrari.

Motorsport

Russell: Gap to Dutch GP pole "all down to tyres"

George Russell thinks tyre overheating led to his half-second deficit to Dutch Grand Prix polesitter Lando Norris after being on the pace throughout Q1 and Q2.

Motorsport

Big job and course cut fears as University of Canberra deficit deepens

UC and ANU search for cuts as they struggle to control ballooning deficits.

The Canberra Times

Asian handicap betting explainer

This form of handicap betting may seem confusing, but with just a bit of knowledge, its a comprehensible way to bet on previously unappealing markets

The Independent UK

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The National (Scotland)

Alba Party post deficit of £80k despite rise in membership

THE Alba Party have recorded a deficit of more than £80,000 despite a rise in members.

Top News

Asian Shares Decline Following Wall Street Slip

Asian shares decline, Japan reports trade deficit, focus on Powell's speech, and U.S. economy faces pressure from high interest rates.

The Independent UK

Japan records trade deficit as surging global prices pushes imports higher

Japan racked up a 621 billion yen, or $4.3 billion, trade deficit in July, as prices of imports surged

The Guardian - UK

Thames Water barred from billing customers for pension shortfall

Company faces scramble for funds after Ofwat says deficit is for managers and shareholders alone to deal with

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The Guardian - UK

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

AAP

Budget blow as state's child sexual abuse payouts soar

Tasmania's budget deficit for 2023/24 is set to grow fourfold, mainly because of a $571 million increase in payouts to child sexual abuse survivors.

Reason

Carving Out a Tax Cut Just for Tips Doesn't Make More Sense When Kamala Harris Does It

Exempting tips from the federal income tax would add to the deficit and unfairly penalize nontipped workers. It's a bad idea no matter who is pitching it.

The National (Scotland)

Richard Murphy: Why GERS is inherently biased against Scotland

IT is GERS day – the one when the Scottish Government publishes data that seems deliberately designed to provide the very worst view of…

Top News

Serbia On Verge Of Historic Upset Against Team USA

Team USA faces a challenging deficit against Serbia in a crucial Olympic basketball match, risking a potential upset.

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