The California Department of Finance and the Legislative Analyst Office say the governor and the Legislature have created a ...

It's an elephant in the room, called the US fiscal deficit. Let's start with the blunt truth: The United States government is running the largest peacetime deficit in its history, all the while its ...

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...

The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.

The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

On Wednesday, Governor Wes Moore ascended the dais to give his annual ‘State of the State’ address in the House of Delegates ...

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, ...

The Indian Rupee (INR) gains against the US Dollar (USD) on Monday, following the Indian government's announcement of the ...

China’s government racked up a record budget deficit last year as spending on social welfare grew at the fastest since 2017, marking a shift in fiscal priorities during months of trade tensions with ...