Those officials say that falling revenues mean Russia’s budget deficit will continue to widen without further tax increases.

Explore how deficit spending units operate, their effects on economies, and why they matter for households, businesses, and ...

MOSCOW, Feb 4 (Reuters) - Russia's public deficit could balloon to almost triple the official target by end-2026 as a fall in ...

Fiscal deficits often rise when the government increases spending to support the economy, especially during slowdowns or ...

India’s finance minister unveiled a relatively cautious budget on Sunday, focusing on economic stability in the face of ...

Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum (BFF), joine ...

President Trump bragged Friday that his tariff blitz has “created an American economic miracle,” while blasting Democrats for handing him a “catastrophically” high budget deficit. Trump shared his ...

New York City is staring down a $2.18 billion budget deficit for the current fiscal year and another $10.4 billion gap for the next one, newly installed Comptroller Mark Levine said, confirming ...

Romanian prime minister Ilie Bolojan stated on Wednesday, January 21, that the executive is working on the 2026 budget, aiming for economic recovery and new investments.  The PM added that reducing ...

Budget 2026 raises FY27 capex to Rs 12.2 lakh crore, pegs fiscal deficit at 4.3% and outlines infrastructure, borrowing and ...

Oregon lawmakers meeting at the Capitol to balance the state’s budget are staring down a much rosier economic forecast than ...

The US economy has long been shielded from the unsustainability of its trade and budget deficits. It may not be for much ...