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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 Government of Quebec has forecast a record $11 billion deficit in its latest provincial budget. The government blamed the budget deficit, which is likely to be the biggest in the province’s history, on a stagnant economy, last year’s forest ...
THE NATIONAL GOVERNMENT’S (NG) budget deficit ballooned in February amid double-digit growth in state spending, the Bureau of the Treasury (BTr) reported on Monday. Data from the BTr showed that the fiscal gap widened by 54.81% to P164.7 billion from P106.4 billion a year earlier. Month on month, the budget balance swung back to a […]
THE MARCOS administration should find new sources of revenue and reconsider the bill that seeks to further lower taxes imposed on domestic and foreign companies, economists said. This as the government raised its budget deficit ceiling for the next five years to pursue flagship infrastructure projects. “Increasing the deficit is not the only way to […]
THE National Government’s (NG) fiscal deficit is seen to narrow further this year as revenue collections are likely to exceed targets, Fitch Solutions’ unit BMI said. “We forecast the Philippine budget deficit to narrow from 6.2% of gross domestic product (GDP) in 2023 to 5.5% in 2024,” BMI said in a commentary. “This narrowing would […]