The Latest Breaking News from Deficit

Scott Bessent, Trump's treasury secretary pick, advocates for deficit reduction, tax cuts, and tariffs as sanctions.

March NY world sugar #11 (SBH25 ) Friday closed down -0.02 (-0.09%), and March London ICE white sugar #5 (SWH25 ) closed down -0.20 (-0.04%). Sugar prices Friday gave up an early advance and closed slightly lower on negative carryover from Thursday after the International Sugar Organization (ISO) lowered its...

Japan racked up a trade deficit in October for the fourth month in a row, as a weak yen and the rising price of energy kept import costs high

A primary school in Greenwich has been earmarked for closure following plummeting pupil numbers.

Congress and the president show no interest in cutting government. Maybe outsiders can get it done.

The Office for Students said up to 72% of providers could fall below the line by 2025-26 based on current trends.

According to a report by the Treasury Department on Wednesday, the figure was a sharp increase of 287% from October 2023's $67 billion deficit.

The budget deficit of the U.S. government in October 2023 was $67 billion.

Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.