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Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
New York Times· 3 hours agoEconomists are divided over whether the growing amount of federal borrowing is fueling demand and...
Budget deficit narrows in March - BusinessWorld Online
BusinessWorld· 5 days agoData from the BTr showed the Philippines’ budget deficit shrank by 6.82% to P195.9 billion in March from P210.3 billion in the same month a year ago. “The ...
UK Budget Deficit Overshoots, Turning Fiscal Screw on Sunak Government
US News & World Report· 7 days agoLONDON (Reuters) -Britain's government borrowed more than expected in the 2023/24 financial year, data showed on Tuesday, in bad news for Prime Minister Rishi Sunak who hopes ...
Mayor Adams’ new budget sets NYC (and him) up for big trouble in Summer 2025
New York Post· 22 hours agoLast Wednesday, Adams presented his second draft of the budget for the fiscal year that begins July...
City Council wants to hear from residents on $27 million budget shortfall
Wisconsin State Journal· 8 hours agoWith no good options to close a looming $27 million budget deficit for 2025, Madison is setting a...
Beating cancer used to be bipartisan. What happened?
Politico via Yahoo News· 10 hours agoThe NIH budget fell from $47.5 billion in fiscal 2023 to $47.1 billion this year, a net cut of $378 million. "That was a kind of a tough break for NIH," said Erik Fatemi, ...
Shooting for the moon is getting harder
Politico· 5 hours ago“When you’re running a $1.6 trillion deficit, spending cuts aren’t the problem,” Rep. Tom Cole (R-Okla... Retzlaff, chief policy officer and vice president of science policy ...
How close is the U.S. to a debt crisis?
Consumer Affairs· 8 hours agoSince the end of 2023, concerns about growing U.S. debt have become more pronounced. Not the debt taken on by U.S. consumers – which is significant – but...
Opinion: The hidden federal budget assumption that most commentary missed
Financial Post via Yahoo Finance· 6 days agoMoreover, the budget forecasts sizeable deficits for at least the next five years, which increases...
Europe’s Debt Is Rising Again as Politics Erodes Budget Resolve
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- Some of Europe’s most indebted governments are heading for a painful reckoning this...