It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the ...

Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.

It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the ...

I am tickled that so many people enjoyed the math behind higher interest rates. So let’s press on, shall we? Why not tackle ...

Despite Fed rate cuts, long-term bond yields rise as investors worry about government spending and continued strong growth.

Fiscal deficit occurs when the government's total spending surpasses the revenue that it generates. In most cases, this gap is made up through external borrowings. Maintaining fiscal deficit is ...

The dilemma caused by deficit spending is not new ... While much more complex than this simple definition can reveal, advocates for MMP, such as economics advisor Professor Stehanie Kilton ...

PROVIDENCE – After years of ever-higher spending of disappearing COVID dollars, the state is now facing a $398.2 million deficit during the 2025-26 budget year, and a string of increasingly ...

What remains clear is her own stark warning that “difficult decisions on tax, on spending, and on welfare” are coming. Telegraph Money takes you through what they are now likely to be – and ...

Dan Woike is the Lakers beat writer for the Los Angeles Times after spending two seasons covering the league as a whole, with an emphasis on Los Angeles’ teams.

A spiraling fiscal deficit as spending exceeds tax revenues has put increasing pressure on Prime Minister Michel Barnier to act. This month, Barnier presented France's 2025 budget, which includes ...

Silver says the deficit reflects its "commitment to meeting the needs of Yukoners through necessary and strategic spending." ...