The Latest Breaking News from Deficit

Ferrari’s dramatic victory against Toyota and Porsche at the Le Mans 24 Hours takes the limelight in this week’s Autosport magazine, out today (20 June).The 92nd running of the Le Mans 24 Hours had four manufacturers in contention, changeable conditions that threw the advantage from one team to another, and…

This adjustment represents a 27% rise in the deficit forecast, attributed to factors such as increased Medicaid spending, the fallout from the 2023 banking crises, and the passage of a $95 billion aid package for Ukraine, Israel, and the Indo-Pacific region in April.

In 2017, the last full year before Trump's tariffs were imposed, America's overall trade deficit was $517 billion. By 2023, it had grown to $785 billion.

Decision to launch ‘excessive deficit procedure’ sets up collision course with post-election government

EU criticizes France and six other states for excessive debt, urging adherence to fiscal guidelines. France's deficit at 5.5% raises concerns about financi...

The European Union is to reprimand France and six other member states over excessive spending that breaches the bloc’s new budget rules.

Country is among seven that could face fines as it heads for high-stakes vote this month

The European Union is expected on Wednesday to rebuke nearly 10 governments, including France and Italy, over their excessive spending after new budget rules entered into force this year.

NSW Labor’s second budget keeps the state’s finances in the red — but it has a better case for it than its Queensland counterparts.

Far-left and far-right parties from the political fringes have proposed economic plans that centrist figures ripped as excuses to exit the European Union.

Congressional Budget Office report reveals a 0 billion increase in federal budget deficit, reaching record debt levels, posing challenges for future law...