Prabowo Open to Breach Indonesia Deficit Cap Only During Crisis

President Prabowo Subianto said he would only consider temporarily exceeding Indonesia’s statutory budget deficit cap for ...

For 2nd year, Iowa to spend over $1B more than it receives in revenues

Iowa Republican lawmakers are on track to spend over $1 billion more than the state receives in revenues for the second year in a row.

U.S. Trade Deficit Falls in January

The data showed imports dipped and exports rose in the month before the Supreme Court struck down most of the president’s tariffs.

U.S. deficit tops $1 trillion through February but runs below year-ago pace

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.

US February Budget Deficit Flat at $308 Billion, Tariff Revenues Not Yet Hit by Court Ruling

WASHINGTON, March 11 (Reuters) - The U.S. budget ⁠deficit ⁠for February was nearly ⁠flat with a year earlier at $308 billion as ​growth in receipts and outlays were largely even, with receipts from ...

US Budget Deficit Narrows at Slower Pace After Tariff Rate Decrease

The budget deficit narrowed in February at a slower pace than the previous month as US tariff revenue started to slow from the peak rate hit late last year.
International Monetary Fund

Debt Reduction Lessons from Jamaica

Jamaica is known for sun, sand, and reggae. It also deserves to be known for an exceptional record of debt reduction, after cutting its public-debt-to-GDP ratio from 140 percent in 2012 to just 62 ...
Daily Camera

A 3% rule for budget deficits would be a good start (Editorial)

All but unnoticed last month, a bipartisan group of legislators introduced a resolution calling for Congress to keep budget deficits at no more than 3% of gross domestic product. Though not enough by ...
WTEN

Comptroller warns of budget deficit, health insurance risks

ALBANY, N.Y. (NEXSTAR) — State Comptroller Thomas DiNapoli released a report on Wednesday analyzing the governor’s proposed budget for the 2027 fiscal year. While the state has a $3.5 billion surplus ...
KSTP-TV

Growing budget deficit could lead to tough financial decisions for Minneapolis Public Schools

Minneapolis Public Schools leaders are warning of tougher financial decisions ahead after updated projections show the district’s budget shortfall has grown significantly. Early estimates put the gap ...
NBC Bay Area

Antioch Unified proposes cuts to hundreds of jobs to close budget deficit

Another school district in the Bay Area is making significant strides to reduce its substantial budget deficit. Parents showed up at the last Antioch Unified School District's (AUSD) board meeting ...
The Hill

Mamdani asks New York State to raise taxes on ‘ultra-wealthy’ to address city budget deficit

New York Mayor Zohran Mamdani (D) asked Democratic Gov. Kathy Hochul to raise taxes on the “ultra-wealthy,” citing a “significant chasm” in the city’s $5.4 billion deficit. During a preliminary budget ...