From infrastructure spending to interest rates, fiscal deficit influences some of the biggest economic outcomes of the Union Budget. Heres a simple five-question guide to understanding why it matters.

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

WASHINGTON (Reuters) -The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump's tariffs and cuts to education ...

The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in ...