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1. U.S. Budget Deficit Hits Highest Level Since 2012: Treasury Department 2. U.S. Budget Deficit Growing, Could Top $1 Trillion This Year 3. How the U.S. Budget Deficit Impacts the Economy 4. What Is a Budget Deficit and How Does It Affect You? 5. Budget Deficit by Year: U.S. Debt Since 1929 6. What Happens When a Government Has a Budget Deficit? 7. The Pros and Cons of Budget Deficits 8. How to Reduce a Budget Deficit 9. The Impact of Budget Deficits on Economic Growth 10. Video: What Is a Budget Deficit?
THE NATIONAL Government’s (NG) budget gap sharply narrowed in August as a double-digit jump in revenues offset a surprising dip in spending, the Bureau of the Treasury (BTr) said on Wednesday. Treasury data showed the budget deficit shrank by 59.24% to P54.2 billion from the P133-billion gap a year ago. “The lower deficit was brought […]
Canada’s federal government in Ottawa has posted a budget deficit of $7.3 billion for the April through July portion of its fiscal year. Ottawa’s entire fiscal year runs from April 1 to March 31. However, the federal Finance Department updates the ...
TweetHere’s Colin Grabow on a new study that “finds high costs and few benefits from [the] protectionist Buy American Act.” A slice: Some Americans may be surprised to learn (or perhaps not, given trillion-dollar budget deficits) that a federal law requires the government to pay inflated prices for many of the products it buys. Passed […]
NOTHING is more untrue than the claim of key economic departments that reductions in the budget deficit and the national debt are good for the economy. The Senate and Congress argue the same way, as well as the rating agencies and multilateral institutions. These claims reveal bad economics. Those who espouse such seemingly correct objectives […]
The new Labour government under Keir Starmer inherited a significant budget deficit from the Conservatives. This is no secret. If Chancellor of the Exchequer Rachel Reeves introduces a tax increase for ultra-wealthy foreigners with the new budget, it could further impact the luxury segment of the London real estate market.
The Philippines, like many countries, faces the challenge of managing a growing budget deficit while addressing rising public health concerns. With the country proposing its highest-ever national budget of P6.352 trillion for 2025, and government revenues projected to slightly dip, the International Monetary Fund (IMF) has recommended additional tax measures to sustain public finances. Among […]