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Evil Twins: US Federal Budget Deficits and US Trade
Ludwig von Mises Institute· 5 days agoHow Do Federal Budget Deficits Arise? Annual federal budget deficits exist whenever federal spending exceeds annual tax revenue. The US has consistently...
Gov. Gavin Newsom proposes painful cuts to close California’s growing budget deficit
KLAS Las Vegas· 24 hours agoSACRAMENTO, Calif. (AP) — California’s budget deficit is at least $45 billion, a shortfall so large...
U.S. budget deficit shrinks in first 7 months of fiscal year
Market Watch· 1 day agoThe numbers: The federal budget deficit shrank in the first seven months of the fiscal year,...
Warren Buffett predicts feds will raise taxes to get massive fiscal deficit under control
New York Post· 5 days agoWarren Buffett predicted that the federal government will raise taxes in order to get US deficit...
Warren Buffett is battling a bargain drought — and pared his Apple bet because it's a 'one-trick...
Business Insider via Yahoo Finance· 3 hours agoThe Federal Reserve's inflation-busting hikes to interest rates since 2022 have boosted yields on...
Gavin Newsom releases $288 billion revised budget for California. How he tackled the big deficit
Sacramento Bee via Yahoo News· 1 day agoCalifornia Gov. Gavin Newsom on Friday unveiled his revised $288 billion budget proposal with a $28...
CA governor would slash 10,000 vacant state jobs to help close $27.6 billion deficit
Eyewitness News Bakersfield· 1 day agoCalifornia has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide...
The Fed Fears a Bond Meltdown
Ludwig von Mises Institute· 10 hours agoFurthermore, US government deficit spending has more than offset the decline in the Federal Reserve balance sheet. While the Fed’s balance sheet has shrunk ...
Warren Buffett predicts higher taxes due to rising deficit
Fox Business via Yahoo Finance· 5 days agoWarren Buffett said at Berkshire Hathaway's annual meeting he thinks the federal government will...
Tax revenue jumps 22% in April, but U.S. deficit still looms large
NPR· 1 day agoInterest payments have gone up as a result of both rising debt and today's high interest rates....
