The Latest Breaking News from Deficit

Kevin Porter Jr. (24 points, 5 assists) led Houston back from a 19-point deficit in the second half, but it wasn’t quite enough in Utah on an off night by Jalen Green.

The shadow treasurer rejected the concept of the structural deficit at the heart of the budget and said the economy could be grown faster.

Beijing (AFP) - China's fiscal deficit ballooned to an all-time high of nearly $1 trillion in the first nine months of the year, analysis of government data by Bloomberg showed, as a real estate crisis and tax rebates to boost a cooling economy emptied government coffers.

Looking for some sort of spark in the first half against Boston on Monday, Donovan rolled out a grouping that hadn’t seen much time together. All those four reserves and Zach LaVine did was help overcome a 19-point deficit and bring the Bulls back for a stunning win. So does…

The last time a new government brought down its first budget, in 2014, it was a disaster for all concerned.

Kyiv (Ukraine) (AFP) - Ukrainian President Volodymyr Zelensky on Tuesday asked the international community to cover an expected budget deficit of $38 billion next year for his war-torn country, with Moscow's invasion badly hitting the economy.

Australian treasurer Jim Chalmers’ main economic message is enjoy today because tomorrow is going to be tough

If the government has so much extra revenue, why is the long-term deficit much worse now than it was in April?

Jim Chalmers promised a “bread-and-butter” budget, but he is unlikely to have disappointed Labor’s faithful by delivering it.

It couldn’t have gone any worse for the starters out of the gate, but facing a 19-point deficit the reserves sparked a fire that Boston couldn’t put out. Now, what to do about the starters and the part-time mentality that has messed with their consistency?

It’s budget day, and Treasurer Jim Chalmers says Australia’s deficit has been cut in half, from $78 billion to $37 billion, but by 2025-26 the interest bill will be almost $34 billion. (Aboriginal and Torres Strait Islander readers are warned that the following column mentions a deceased person.)